the.com/utility function

math's way of asking what you actually want, then making you put a number on it.

means a mathematical function that assigns a numerical value to outcomes, representing how much an agent prefers one over another.

from born in 18th century economics with bernoulli's attempt to explain why people won't bet everything on a coin flip, formalized by von neumann and morgenstern in 1944 to prove rational choice under uncertainty could be modeled with numbers.

for instance

von neumann morgenstern1944 axioms proving rational preferences can be numbered.

bentham's felicific calculus1789 attempt to literally quantify pleasure and pain.

reinforcement learning rewardchatgpt style models trained to maximize a scalar function.

expected utility paradoxesallais paradox, 1953, showed humans routinely violate the model.

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