Economic Research Institute, Tarbiat Modares University, Tehran, Iran
Abstract
This article first defines utility. Then, it presents the expected utility, average utility, and marginal utility. I specifies the utility function. Finally, this article the explains Stone-Geary utility function and the linear expense system.
Agheli,L. (2019). Utility and related concepts (Expected utility, Average utility, Marginal utility, Utility function, and Stone-Geary utility function). Encyclopedia of Economics, 2(2), 1-5.
MLA
Agheli,L. . "Utility and related concepts (Expected utility, Average utility, Marginal utility, Utility function, and Stone-Geary utility function)", Encyclopedia of Economics, 2, 2, 2019, 1-5.
HARVARD
Agheli L. (2019). 'Utility and related concepts (Expected utility, Average utility, Marginal utility, Utility function, and Stone-Geary utility function)', Encyclopedia of Economics, 2(2), pp. 1-5.
CHICAGO
L. Agheli, "Utility and related concepts (Expected utility, Average utility, Marginal utility, Utility function, and Stone-Geary utility function)," Encyclopedia of Economics, 2 2 (2019): 1-5,
VANCOUVER
Agheli L. Utility and related concepts (Expected utility, Average utility, Marginal utility, Utility function, and Stone-Geary utility function). Encyclopedia of Economics, 2019; 2(2): 1-5.