Tags

A tag is a keyword or label that categorizes your question with other, similar questions. Using the right tags makes it easier for others to find and answer your question.

Utility, or usefulness, is the (perceived) ability of something to satisfy needs or wants.
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Anything related to the concept of the Value of a Statistical Life (VSL).
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The remuneration/ price of labor, analogue to profits and rents.
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A branch of economics that focuses on the optimal allocation of resources and goods and how this affects social welfare. Welfare economics analyzes the total good or welfare that is achieve at a curre…
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