expected utility sentence in Hindi
"expected utility" meaning in Hindi expected utility in a sentenceExamples
- Then we maximize the expected value of a concave expected utility function.
- His work include the theory of Maxmin Expected Utility with David Schmeidler.
- Choice under uncertainty is often characterized as the maximization of expected utility.
- Rabin criticizes this implication of expected utility theory on grounds of implausibility.
- Proponents of this view suggest using an expected utility calculation instead.
- Thus we can write expected utility in terms of two moments of w:
- Theories of bounded rationality relax one or more assumptions of standard expected utility theory.
- This is reflected in the theory of subjective expected utility.
- Recently, expected utility theory has been extended to arrive at more behavioral decision models.
- If the uncertainty is uniformly distributed, then expected utility maximization becomes expected value maximization.
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