How to Shop Based on Utility Theory and Make a Rational Decision?

Posted on April 4, 2020

Are you often feeling the full blow of the Paradox of Choice in your life? Do you put off important decisions because there are simply too many alternatives? I know I do... and one solution is using simple utility theory concepts to compare apples with apples using the framework of our objective needs. (more…)

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Buying itemas based on utility theory