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- W736076 abstract "1. Expected utility theory deals with choosing among acts where the decisionmaker does not know for sure which consequence will result from a chosen act. When faced with several acts, the decision–maker will choose the one with the highest ‘expected utility’, where the expected utility of an act is the sum of the products of probability and utility over all possible consequences." @default.
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- W736076 date "1990-01-01" @default.
- W736076 modified "2023-09-24" @default.
- W736076 title "Expected Utility and Mathematical Expectation" @default.
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- W736076 doi "https://doi.org/10.1007/978-1-349-20568-4_10" @default.
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