Mainstream economics is obsessed with “maximizing” so-called utility functions and discovering the ubiquitous “social utility ...

Assessment of multiattribute utility functions is significantly simplified if it is possible to decompose the function into more manageable pieces. Utility independence is a powerful property that ...

The construction of a multiattribute utility function is an important step in decision analysis. One of the most widely used conditions for constructing the utility function is the assumption of ...

The Rhode Island Department of Public Utilities (DPU) is in the midst of an important series of hearings regarding the future of the state’s electric grid. The goals are three-fold: Control the ...

It’s hard to miss all the attention and hype artificial intelligence (AI) is getting these days. Everywhere you turn there are articles on a myriad of AI-related topics, such as deep learning, machine ...

In the mid 1990s, there was a flurry of activity as companies attempted to emulate the success of the fpga in the analogue world. These programmable analogue parts, for a number of reasons, failed to ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Somer G. Anderson is CPA, doctor of ...