Utility - translation to spanish
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Utility - translation to spanish

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
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Utility         
Utilidad
utility         
noun
herramienta f
utility         
utilidad
empresa de servicio público
utility room: trascocina

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 Utility
1. The whole system is not only beneficial for utility consumers but will also facilitate utility companies.
2. Three were found in a sport utility vehicle rammed against a utility pole and two were on the street nearby.
3. Utility crews were working 18–hour shifts, especially in the biggest problem areas, where ice coated roads and utility poles.
4. The blackout was caused by a dispute between the private electric utility and the government–owned utility administration over payments.
5. Many major private utility companies remain skeptical.