The economic value of any item can be measured in arbitrary units of utility. The utility space transcends valuation in terms of monetary units by mapping the value of multiple items to a single multi-dimensional space. This demonstration displays four currencies, the Euro, the Dollar, the Pound, and the Yen, fluctuating over the course of a week in an immersive 3 dimensional graph. The utility space may facilitate analysis of global transaction costs in a fluctuating currency environment by enabling multi-dimensional comparisons.
Key researcher associated with this project: Dennis Adderton.