disutility
/ˌdɪsjuːˈtɪlɪti/
Meanings
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Noun
The state or experience of finding something unpleasant or causing pain, harm, or loss.
- "The high cost of living creates a significant disutility for many people."
- "The disutility of traffic jams is compounded by the heat and lack of fresh air."
Variants
List of all variants of disutility that leads to same resultdisutilities , disutility
Etymology
origin and the way in which meanings have changed throughout history.Disutility comes from the Latin word 'dis-' meaning 'opposite' or 'against' and 'utility' meaning 'usefulness'. The term was introduced by economist Herbert A. Stanley Jevons in 1871.
Trivia
Any details, considerations, events or pieces of information regarding the word-
Disutility is a key concept in game theory, where it is used to understand the costs and benefits of different strategies.
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The study of disutility and utility is called 'hedonic psychology'.
Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to-
Utility: Utility is the opposite of disutility. It refers to the satisfaction or pleasure derived from consuming a good or service.
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Marginal Utility: Marginal utility is the additional satisfaction or pleasure derived from consuming one more unit of a good or service.
Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.Disutility is a fundamental concept in economics, particularly in utility theory. It is used to understand the trade-offs people make between different goods and services, and the role that preferences and constraints play in decision-making.
How to Memorize "disutility"
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visualize
- Imagine a scale where disutility is represented by a weight pulling down on one side, while utility is represented by a weight pulling up on the other.
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associate
- Associate disutility with the feeling of disappointment or dissatisfaction.
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mnemonics
- Remember that disutility is the opposite of utility, like night is to day or negative is to positive.
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Highlighting:
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