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

Understand the key differences between marginal utility and marginal benefit—how they affect pricing, consumer behavior, and ...

The role of economics in the energy business is continuing to increase, whether you’re selling kilowatt-hours or combined cycle power plants, in both competitive and regulated markets, according to ...

A massive surge in energy demand is about to reshape the U.S. power landscape, presenting an opportunity for forward-thinking utilities. The nation’s energy demands are poised to explode, as ...

George Monbiot wants to tell us all that coaches and public transport, bicycles, are much more efficient methods of transport than the private car, therefore to increase utility we should all be using ...

I don't think most people appreciate how unusual the economics of utility services like residential broadband are. Trade economists distinguish between "tradables" like shoes and iPods and ...

The mission of the Healy Center for Business and Economic Research and Services is to facilitate economic development in our community. We conduct strategic analyses and economic impact studies in ...

Utility measurement has emerged as a cornerstone in assessing health outcomes, providing a quantitative basis for comparing diverse health states through standardised metrics such as quality‐adjusted ...

Image: John Tredennick, Merlin Search Technologies with AI. [EDRM Editor’s Note: The opinions and positions are those of John Tredennick. All images are credited to John Tredennick of Merlin Search ...