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Exact(3)
Each actor chooses the alternative that maximizes his, her, or its expected utility in each period.
The will, which Leibniz takes to be an "appetite for the good,", then chooses the alternative represented to it as containing the most goodness [Theodicy, 311 (H 314; G VI 300 1].
The rationale for the linear random utility assumption is that an individual faces a choice between two or more alternatives and chooses the alternative which gives the highest utility.
Similar(57)
Looking resolute, Mr. Anderson chose the alternative, breast of chicken stuffed with Boursin, hold the rice.
And that is precisely why she has chosen the alternative: a quick and painless death now.
"We need to decide whether we are going to choose the alternative, which is full occupation of the strip.
If they chose The Left in the past as a form of protest, they now choose the Alternative.
And Alonso suggested that choosing the alternative strategy to the dominant 26-year-old was his only option.
If we choose the alternative - sitting back cynically, predicting gloom and doom from the comfort of an armchair or a rhetorical pose - we will miss this opportunity.
Efficiency requires choosing the alternative the agents rank second whenever the weighted sum of their von Neumann Morgenstern utilities is higher than under either agent's favorite alternative.
I prefer taxation to subsidies, as it lets the marketplace choose the alternative energy winners, promotes conservation, and closes, rather than increases, the budget deficit.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com