Difference between revisions of "Utility"
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| + | '''Utility''' is the amount by which preferences are satisfied. An abstract measure of utility is called a '''Util''', or '''utilon'''. It is an arbitrary quantity, but can be consistently assigned once a set of [['''Utility Functions''']] are defined. All utils are equal; any diminishing returns or other factors are accounted for when utils are measured. Utils are not to be confused with hedons, units of subjective pleasure, or fuzzies, the warm feelings associated with the belief that one has accomplished good. | ||
| − | + | [[Utilitarianism]] is the philosophy that advocates whatever action produces the greatest amount of utility is the moral action. | |
==Blog posts== | ==Blog posts== | ||
*[http://lesswrong.com/lw/6z/purchase_fuzzies_and_utilons_separately/ Purchase Fuzzies and Utilons Separately] | *[http://lesswrong.com/lw/6z/purchase_fuzzies_and_utilons_separately/ Purchase Fuzzies and Utilons Separately] | ||
| − | + | *[http://lesswrong.com/lw/zv/post_your_utility_function/ Post your Utility Function] | |
==See also== | ==See also== | ||
| − | + | *[[Utilitarianism]] | |
*[[Utility function]] | *[[Utility function]] | ||
| + | *[[The utility function is not up for grabs]] | ||
*[[Shut up and multiply]] | *[[Shut up and multiply]] | ||
*[[Fuzzies]] | *[[Fuzzies]] | ||
Revision as of 05:45, 13 July 2012
Utility is the amount by which preferences are satisfied. An abstract measure of utility is called a Util, or utilon. It is an arbitrary quantity, but can be consistently assigned once a set of '''Utility Functions''' are defined. All utils are equal; any diminishing returns or other factors are accounted for when utils are measured. Utils are not to be confused with hedons, units of subjective pleasure, or fuzzies, the warm feelings associated with the belief that one has accomplished good.
Utilitarianism is the philosophy that advocates whatever action produces the greatest amount of utility is the moral action.
Blog posts
See also
- Utilitarianism
- Utility function
- The utility function is not up for grabs
- Shut up and multiply
- Fuzzies
