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Interests and utility are different concepts. Many economists assume that interests can be modeled by a utility function, assigning a number to interests or at
by alexbecker 12y ago
Interests and utility are different concepts. Many economists assume that interests can be modeled by a utility function, assigning a number to interests or at least enforcing an ordering, but there are some who do not. I have a lot of problems with the concept of utility functions, which I've scattered throughout replies to other comments in this tree.