IDS.333 | Fall 2021 | Graduate

IDS.333 Risk and Decision Analysis

Unit 10: Utility Analysis and Multidimensional Evaluation, Video 2: Diminishing Marginal Utility

This video explains the concept of diminishing marginal utility and emphasizes the important practical exceptions that decision-makers should appreciate.

Course Info

As Taught In
Fall 2021
Level
Learning Resource Types
Lecture Notes
Video Materials
Instructor Insights
Projects with Examples
Media Assignments
Exams with Solutions