Concept: utility

Utility is an economic concept referring to the precise degree of personal satisfaction, pleasure, or sense of want-fulfillment an individual derives from consuming some quantity of a good or service at a particular point in time.


The Calzone icon

The Calzone

altruism | incentives | utility

The Deal icon

The Deal

deadweight loss of gift-giving | signaling | utility

The Big Salad icon

The Big Salad

altruism | utility