disutility

the dissatisfaction or pain that an individual encounters in consuming a product or in working. Compare UTILITY.

References in periodicals archive ?

First, the masters offered the incentives only after the execution of the contract because such incentives had the basic purpose of calibrating changes in labor market conditions which occurred after the execution of the contract and also because they needed time to evaluate the individual characteristics of each servant (such as their discount rate and disutility for punishments).

To pay or not to pay: positive incentives as a calibrating device in the white indenture system

Section III outlines the behavioral model used here to derive estimates of the disutility of waiting time.

The disutility of time spent on the United Kingdom's National Health Service waiting lists

This institutional context is such that salaries are balanced by the disutility of employees being in a subordinate position to employers (pp.

La salaire ouvrier, depuis les classiques jusqu'a nos jours

This could be because the person gains utility or disutility from work, or because the person does not make a labor-leisure choice (e.

Joint recreation choices and implied values of time

Customer disutility is calculated by adding up the total waiting times and deviation of actual times (pickup and drop-off) from desired times.

Evaluating the impact of spatio-temporal factors on construction heuristics for transportation services

The "consumer" of a bad expects a higher marginal disutility from the bad than from giving up the demanded good.

The praxeology of coercion: A new theory of violence cycles

The research ers suspect that the absence of wills "reflects the disutility of making wills (and contemplating death) rather than preferences for the distribution mandated by intestacy law.

Parents increasingly divide bequests unequally

t], which captures variations in the disutility of working.

How large are returns to scale in the U.S.? A view across the boundary

Risk utility assessment, therefore, should not only consider probability occurrences of risks and the objective losses but also consider multiple psychological disutility brought by main body, which includes body's own psychological disutility, the psychological disutility of other associated bodies, and the mutual-behavioral strategic interaction factors.

Multidimensional and Interactive Assessment Model of Large-Scale Infrastructure Project and Its Demonstration Based on Double Utility

Disutility is defined as the loss in health-related utility associated with a single health state or disease, and the disutility for MMR (-0.

Reducing periconceptional methylmercury exposure: cost-utility analysis for a proposed screening program for women planning a pregnancy in Ontario, Canada

The disutility of labor term in the period utility function looks nonstandard, but is simply the upper right quadrant of an ellipse that closely approximates the standard CRRA utility of leisure functional form.

Macroeconomic effects of a 10% cut in statutory marginal income tax rates on ordinary income

At the beginning of a period, the individual knows his assets, retirement benefits, wage, and disutility of work.

Policy variation, labor supply elasticities, and a structural model of retirement