Utility - Revision history

FormerContributor-78162cb3: copyedit

2012-07-19T07:31:22Z

copyedit

← Older revision		Revision as of 07:31, 19 July 2012
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	'''Utility''', in the context of economics, is the causal relevance for a [[good]] to the ~~remove~~ felt uneasiness. In the context of [[praxeology]], the term is "tantamount to [the] importance attached to a thing on account of the belief that it can remove felt uneasiness."<ref name="humanaction_ch7sec1">[[Ludwig von Mises]]. [http://mises.org/humanaction/chap7sec1.asp VII. Action Within The World], 1. The Law of Marginal Utility, ''[[Human Action]]'', online version, referenced 2011-04-30.</ref> In addition to these notions, there is also the technological notion of objective utility in the sense of a thing being able to bring about a certain effect.		'''Utility''', in the context of economics, is the causal relevance for a [[good]] for the removal of felt uneasiness. In the context of [[praxeology]], the term is "tantamount to [the] importance attached to a thing on account of the belief that it can remove felt uneasiness."<ref name="humanaction_ch7sec1">[[Ludwig von Mises]]. [http://mises.org/humanaction/chap7sec1.asp VII. Action Within The World], 1. The Law of Marginal Utility, ''[[Human Action]]'', online version, referenced 2011-04-30.</ref> In addition to these notions, there is also the technological notion of objective utility in the sense of a thing being able to bring about a certain effect.

	==References==		==References==

Pestergaines: +cat

2011-05-02T10:55:13Z

+cat

← Older revision		Revision as of 10:55, 2 May 2011
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			[[Category:Economic concepts]]

Huckelberry: edit

2011-05-01T16:14:10Z

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← Older revision		Revision as of 16:14, 1 May 2011
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	'''Utility''' in the context of economics is the causal relevance for a [[good]] to the remove felt uneasiness. In the context of [[praxeology]], the term is "tantamount to importance attached to a thing on account of the belief that is can remove felt uneasiness."<ref name="humanaction_ch7sec1">[[Ludwig von Mises]]. [http://mises.org/humanaction/chap7sec1.asp VII. Action Within The World], 1. The Law of Marginal Utility, ''[[Human Action]]'', online version, referenced 2011-04-30.</ref> In addition to these notions ~~of utility~~ there is the technological notion of objective utility in the sense of a thing being able to bring about a certain effect.		'''Utility''', in the context of economics, is the causal relevance for a [[good]] to the remove felt uneasiness. In the context of [[praxeology]], the term is "tantamount to [the] importance attached to a thing on account of the belief that it can remove felt uneasiness."<ref name="humanaction_ch7sec1">[[Ludwig von Mises]]. [http://mises.org/humanaction/chap7sec1.asp VII. Action Within The World], 1. The Law of Marginal Utility, ''[[Human Action]]'', online version, referenced 2011-04-30.</ref> In addition to these notions, there is also the technological notion of objective utility in the sense of a thing being able to bring about a certain effect.

	==References==		==References==

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2011-04-30T16:53:51Z

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'''Utility''' in the context of economics is the causal relevance for a [[good]] to the remove felt uneasiness. In the context of [[praxeology]], the term is "tantamount to importance attached to a thing on account of the belief that is can remove felt uneasiness."<ref name="humanaction_ch7sec1">[[Ludwig von Mises]]. [http://mises.org/humanaction/chap7sec1.asp VII. Action Within The World], 1. The Law of Marginal Utility, ''[[Human Action]]'', online version, referenced 2011-04-30.</ref> In addition to these notions of utility there is the technological notion of objective utility in the sense of a thing being able to bring about a certain effect.

==References==
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