Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.

As everybody knows, utility coordination is essential in the success of most state and local highway construction projects. You didn’t know that? OK, so not everybody knows that, and I guess that’s ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...

In a time of pivotal change in the industry, underscored by increasingly popular, clean renewable energy sources and a murky regulatory climate, where is the electric sector now? And where could and ...

Several weeks ago, an article ran in Inside Higher Ed about the interest of many graduate students in jobs that don’t include a lot of pressure to publish. Instead many were interested in jobs that ...

At Portland General Electric, paper records and handheld radios are a thing of the past. Today, the utility is equipping its field workforce with the latest mobile technology — from smartphones to ...

Mathematics of Operations Research, Vol. 41, No. 1 (February 2016), pp. 146-173 (28 pages) This paper investigates the problem of maximizing expected terminal utility in a (generically incomplete) ...

Rationality is usually defined in terms of expected utility maximization. This paper argues for defining it in terms of conditional expected utility maximization by showing this conception's superior ...

“There’s no divorce between marriage and economics,” Professor Pablo Peña said in a virtual presentation organized by the Chicago Economics Forum. And yes, the pun was intentional. The economics of ...