Additive utility
id:
additive-utility-315-8170622
title:
Additive utility
text:
In economics, additive utility is a cardinal utility function with the sigma additivity property. Additivity means that "the whole is equal to the sum of its parts." That is, the utility of a set of items is the sum of the utilities of each item separately. Let S be a finite set of items. A cardinal utility function u : 2 S → R , where 2 S is the power set of S , is additive if for any A , B ⊆ S , It follows that for any A ⊆ S , An additive utility function is characteristic of independent goods
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Additive_utility
date created:
date modified:
2024-04-21T22:58:44Z
main entity:
{"identifier":"Q28455176","url":"https://www.wikidata.org/entity/Q28455176"}
image:
fields total:
13
integrity:
13