Year two of the coronavirus pandemic brought with it a massive re-examination of personal priorities. The Great Resignation, more people moving from cities to suburbs and smaller towns, and the ...

We consider the maximization of a gross substitutes utility function under budget constraints. This problem naturally arises in applications such as exchange economies in mathematical economics and ...

Spurred by the expanding potential of data analytics and AI/ML, public sector agencies across federal and state and local governments recently released data strategies to help their leaders and ...

Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.

Utility functions offer a means to encode objectives and preferences in investor portfolios. The functions allow one to place a score on outcomes and then identify optimal portfolios by maximizing ...

On 1 August 2021, an incredible event took place at the Tokyo Olympics—Mutaz Essa Barshim of Qatar and Gianmarco Tamberi of Italy shared the gold medal for men’s high jump. Both Barshim and Tamberi ...