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What is Utility? A way of representing
 

Summary: 1
Chapter 11
What is Utility?
A way of representing
fpreferences
Utility is not money (but it is a
useful analogy)
Typical relationship between
utility & money:
1
MultiAgent Interactions
Each agent has preferences. Each agent gets
tilit d di th i h i d thutility depending on their choices and the
choices of the other
We can write this set of two utilities as a payoff
matrix as follows.
2
2
PayOff Matrices
Business plan. Success depends on other's choices.

  

Source: Allan, Vicki H. - Department of Computer Science, Utah State University

 

Collections: Computer Technologies and Information Sciences