If you want to change selection, open original toplevel document below and click on "Move attachment"
Parent (intermediate) annotation
Open it ility function is to translate each basket of goods and services into a number that rank orders the baskets according to our particular consumer’s preferences. The number itself is referred to as the utility of that basket and is measured in <span>utils , which are just quantities of happiness, or well-being, or whatever comes to mind such that more of it is better than less of it.<span><body><html>
Original toplevel document
3. UTILITY THEORY: MODELING PREFERENCES AND TASTES , it is possible to come up with a rule that translates the quantities of goods in each basket into the number that our consumer has assigned to each basket. That “assignment rule” is called the utility function of that particular consumer. <span>The single task of that utility function is to translate each basket of goods and services into a number that rank orders the baskets according to our particular consumer’s preferences. The number itself is referred to as the utility of that basket and is measured in utils , which are just quantities of happiness, or well-being, or whatever comes to mind such that more of it is better than less of it.
In general, we can represent the utility function as
Equation (1)
U=f(Qx1,Qx2,...,Qxn)
where the Qs are the quantities of each of th
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Details
No repetitions
Discussion
Do you want to join discussion? Click here to log in or create user.