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

I analyze two expected utility models which abandon the consequentialist assumption of terminal wealth positions. In the expected utility of gambling wealth model, in which initial wealth is allowed ...

Ross had an interesting post several days ago that I've been meaning to respond to, centered around the limited utility of theory in guiding action on foreign policy: There's definitely something to ...

Ecological transition zones are increasingly recognized as systems that play a critical role in controlling or modifying flows of organisms, materials, and energy across landscapes. Many concepts ...