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

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 ...

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 ...

A utility function measures a consumer’s preference and satisfaction with different goods or services. As part of rational choice theory, it helps economists analyze how consumers make decisions to ...