👉 Utility math is a branch of mathematics that focuses on quantifying the value or utility of different outcomes or states in decision-making processes. It provides a framework for comparing and optimizing choices by assigning numerical values to various attributes, enabling the evaluation of trade-offs between different scenarios. This is particularly useful in fields like economics, operations research, and machine learning, where decisions often involve multiple conflicting objectives or uncertain outcomes. By using utility functions, mathematicians and practitioners can model preferences, predict behavior, and make informed decisions that maximize overall utility or satisfaction.
