usefulness - meaning and definition. What is usefulness
Diclib.com
ChatGPT AI Dictionary
Enter a word or phrase in any language 👆
Language:

Translation and analysis of words by ChatGPT artificial intelligence

On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:

  • how the word is used
  • frequency of use
  • it is used more often in oral or written speech
  • word translation options
  • usage examples (several phrases with translation)
  • etymology

What (who) is usefulness - definition

CONCEPT IN ECONOMICS & GAME THEORY: A RELATIVE MEASURE OF HAPPINESS OR SATISFACTION
Utility function; Utility theory; Util; Utility and Value; Utility (economics); Usefulness; Utils; Money-in-the-utility-function models; Utility of consumption; Utility and value in economic thought; Disutility; Usefull; Utility Function; Economic utility; Utility value
  • Figure 1
  • Figure 2

usefulness         
see useful
usefulness         
n.
Utility, serviceableness, value, advantage, profit.
Usefulness         
·noun The quality or state of being useful; utility; serviceableness; advantage.

Wikipedia

Utility

As a topic of economics, utility is used to model worth or value. Its usage has evolved significantly over time. The term was introduced initially as a measure of pleasure or happiness as part of the theory of utilitarianism by moral philosophers such as Jeremy Bentham and John Stuart Mill. The term has been adapted and reapplied within neoclassical economics, which dominates modern economic theory, as a utility function that represents a single consumer's preference ordering over a choice set but is not comparable across consumers. This concept of utility is personal and based on choice rather than on pleasure received, and so is specified more rigorously than the original concept but makes it less useful (and controversial) for ethical decisions.

Examples of use of usefulness
1. Nothing can thwart our usefulness and fulfillment.
2. All assertions of questionable veracity or usefulness.
3. U.S. officials complain that this limits their usefulness.
4. It‘s more a question of usefulness and common sense.
5. But the RIA‘s usefulness depends on its quality and timing.