utility function
8 episodes mention this concept
NewEconomicThinkingJul 17, 2024Solidarity: A World-Changing Idea for Addressing Crises of Democracy and Inequality
EconomicsSolidarity (transformative vs. reactionary)Economic inequalityCrisis of democracyClimate crisis- MIT Open EconomyApr 5, 2023
Investing in Human Capital: The Neoclassical Barro-Becker Model and its Implications
EconomicsHuman Capital InvestmentNeoclassical EconomicsBarro-Becker ModelCredit Constraints - MIT Open EconomyApr 5, 2023
The Neoclassical Model of Savings, Precautionary Behavior, and Empirical Puzzles in Development Economics
EconomicsNeoclassical model of savingsInter-temporal optimizationUtility functionDiscount rate (Delta) - NewEconomicThinkingApr 7, 2021
Identity Economics: How Social Identity Shapes Economic Behavior, Policy, and Well-being
EconomicsIdentity economicsIdentity warsUtility functionConformity - NewEconomicThinkingAug 23, 2020
George Akerlof on Economics' Sins of Omission: The Imperative of Collective Action and 'We' in Crisis
EconomicsSins of OmissionExternalitiesUtility FunctionEconomic Equilibrium - NewEconomicThinkingNov 27, 2019
Beyond Rationality: Exploring Willful Human Agency and Decision-Making
PsychologyRational choice theoryBehavioral economicsCognitive biasesHomo economicus - NewEconomicThinkingMay 9, 2018
Price Gouging, Self-Interest, and Social Welfare in Emergencies
EconomicsPrice gougingMarket equilibriumSelf-interestGreed 
lexfridmanPeter Norvig on the Evolution of AI, Ethical Challenges, and the Future of Learning
TechnologyArtificial Intelligence (AI)Machine LearningDeep LearningUtility Function
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Related concepts
Concepts that appear alongside utility function across episodes.
- behavioral economics
- identity economics
- market for media scrutiny
- othering and belonging
- major questions doctrine
- sins of omission
- preferences (feedback loop)
- prudence (positive third derivative of utility)
- transitory income
- intellectual proletariat
- crisis of democracy
- incentive gaming
- public education as a democratic good
- mutual respect
- economic justice
- behavioral economics (implied)
- cognitive biases
- representation and reasoning
- cognitive psychology
- blame aversion