# Difference between revisions of "Utility function"

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+ | A utility function assigns numerical values ("utilities") to outcomes, in such a way that outcomes with higher utilities are always [[preferences|preferred]] to outcomes with lower utilities. | ||

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## Revision as of 23:19, 28 August 2009

A utility function assigns numerical values ("utilities") to outcomes, in such a way that outcomes with higher utilities are always preferred to outcomes with lower utilities.