Utility functions measure consumer preferences and satisfaction with goods or services. They help analyze consumer decisions to maximize satisfaction in rational choice theory. Economists and ...

Every week, it seems, there’s a new financial website with just the right solution for managing your money. “We’ll bucket you.” “We’ll goal you.” “We’ll de-tax you.” “We’ll balance you.” “We’ll ...

Pratt, John W. "How Many Balance Functions Does It Take To Determine A Utility Function?" Journal of Risk and Uncertainty 31, no. 2 (September 2005): 109–127. (Article in Honor of Paul Samuelson's ...

Rotemberg, Julio J., and James Poterba. "Money in the Utility Function: An Empirical Implementation." In New Approaches to Monetary Economics, edited by W. Barnett and K. Singleton, 219–240. Cambridge ...