expected utility hypothesis (Q2319304)

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hypothesis that the subjective value of a gamble is the statistical expectation of one’s valuations (which may differ from dollar values) of the gamble’s outcomes
  • moral expectation
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English
expected utility hypothesis
hypothesis that the subjective value of a gamble is the statistical expectation of one’s valuations (which may differ from dollar values) of the gamble’s outcomes
  • moral expectation

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