👉 Evolutionary utility is a concept in economics that describes how individuals, organizations, or any other entity utilizes resources and their potential benefits to achieve its goals. It takes into account the long-term consequences of resource allocation and can be applied to various contexts such as trade, investment, and environmental sustainability. In short: Evolving Utility refers to the ability of an individual or organization to use resources in a way that maximizes overall benefit over time, taking into account the potential benefits and risks associated with different
