utility functions
2 episodes mention this concept
- MIT Open EconomyApr 5, 2023
Investing in Human Capital: The Neoclassical Barro-Becker Model and its Implications
EconomicsHuman Capital InvestmentNeoclassical EconomicsBarro-Becker ModelCredit Constraints 
NewEconomicThinkingMay 9, 2018Price Gouging, Self-Interest, and Social Welfare in Emergencies
EconomicsPrice gougingMarket equilibriumSelf-interestGreed
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Related concepts
Concepts that appear alongside utility functions across episodes.
- basic necessities
- marginal cost of education
- fairness argument
- steady state
- utilitarian argument
- market mechanism
- discount rate
- material consumption
- willingness to pay
- price gouging
- marginal return to education
- productivity
- greed
- social solidarity
- ticket scalping
- convexity/non-convexity
- human capital investment
- transfer system
- contracting problem
- intergenerational inequality