Utility Function

From MgmtWiki
Revision as of 13:23, 2 February 2025 by Tom (talk | contribs) (→‎Context)

Jump to: navigation, search

Full Title or Meme

A current measure of the future good of one or more current actions.

Context

  • The Ethics of any function can measured by the scope of the population that are expected to benefit by the action.
  • The future good measure should be a net value of the good minus the harm.

Problem

Maximizing the Utility Function is likely to leave out the poor and disabled since any increase in their function might no be offset by function from many more people.

References