There are very few instances in which I would ask “what utility do you assign?” regarding a concrete, non-contrived good.
Exactly. Perhaps if we used a different model (or an explicitly spelled-out simplified subset of the utility functions) we could talk about such things.
I would certainly prefer to limit use of the term to those who actually understand what it means!
Exactly. Perhaps if we used a different model (or an explicitly spelled-out simplified subset of the utility functions) we could talk about such things.
Inconceivable!