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词汇 Ordinal utility
分类 英语词汇 英语翻译词典
释义

Ordinal utility

英语百科

Ordinal utility

In economics, an ordinal utility function is a function representing the preferences of an agent on an ordinal scale. The ordinal utility theory claims that it is only meaningful to ask which option is better than the other, but it is meaningless to ask how much better it is.

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