Discover the Diamond-Water Paradox—why diamonds cost more than water. Learn about subjective value and marginal utility in economic valuation.

A utility function measures a consumer’s preference and satisfaction with different goods or services. As part of rational choice theory, it helps economists analyze how consumers make decisions to ...

Learn how economists measure utility using cardinal and ordinal approaches to understand consumer choices and maximize satisfaction from products and services.

China's swelling ranks of single adults are quietly rewriting the country's consumer playbook. Instead of saving for weddings ...

Beckert's book, a sweeping 1,300-page history, synthesizes bits and pieces of the academic literature to recount the ...

Duke Energy met the standard set by the Ohio Public Utilities Commission for the first time in years. But we talked to one man in Over-the-Rhine who said he still sees issues. Dwayne Johnson, Kevin ...

In early 2020, the prevailing narrative in the power sector was a continuation story of the developments from the decade ...

Indian brands to rethink how they looked and what change really meant, with rebrands. Design experts dissect what worked and ...

Electricity prices can be kept near today’s levels in a post-coal National Electricity Market, but need a system where batteries become the dominant price-forming technology.

Duke Energy met its annual utility target, but this Cincinnati resident still sees problems WCPO - Cincinnati Scripps Wed, December 17, 2025 at 6:36 p.m. PST Duke Energy met its annual utility target, ...

The New Type Key Think Tank of Zhejiang Province “China Research Institute of Regulation and Public Policy”, Hangzhou, China. 2 Shandong Province City Water Supply and Drainage Water Quality ...

David Stevenson stood in a circle of friends and colleagues in an Orlando, Florida, hotel lobby. Everyone but him wore ...