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utility  

Definition

  • Utility is a term of art employed by philosophers and social scientists to denote what is of value to or what is good for human beings (or, sometimes, sentient beings, more generally). “Utility” is synonymous with “welfare” and “well-being,” so to speak of the utility of decisions, actions, or policies is to refer to their impact on the welfare or well-being of people. [Source: Encyclopedia of Business Ethics and Society; Utility]

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https://concepts.sagepub.com/social-science/concept/utility

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