utility function

Hello, you have come here looking for the meaning of the word utility function. In DICTIOUS you will not only get to know all the dictionary meanings for the word utility function, but we will also tell you about its etymology, its characteristics and you will know how to say utility function in singular and plural. Everything you need to know about the word utility function you have here. The definition of the word utility function will help you to be more precise and correct when speaking or writing your texts. Knowing the definition ofutility function, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.

English

English Wikipedia has an article on:
Wikipedia

Noun

utility function (plural utility functions)

  1. (game theory) A mathematical function that assigns a real number to every element of the outcome space in a way that captures the agent's preferences over both simple and compound lotteries.

Translations