utilon
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utilon
Where it comes from
From util + -on.
noun utilons
-
A hypothetical unit measuring satisfaction.
However, you have to realize that you should measure the costs and payoffs in utilons, not in dollars. $1 is almost infinitesimally small (in utilons), while $1M payoff is huge - it is perfectly rational to buy the ticket.
Similar: util
Talk about this word "utilon." Wiktionary, via Micwyn, micwyn.com/word/utilon. Accessed 6 Nov. 2026. utilon. (n.d.). In Wiktionary, via Micwyn. Retrieved November 6, 2026, from https://micwyn.com/word/utilon "utilon." Wiktionary, via Micwyn. Accessed November 6, 2026. https://micwyn.com/word/utilon.
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@misc{utilon_2026,
title = {utilon},
howpublished = {Wiktionary, via Micwyn},
year = {2026},
url = {https://micwyn.com/word/utilon},
urldate = {2026-11-06}
}