Sentence examples for maximize expected utility from inspiring English sources

We also develop decision procedures for selecting request strategies that maximize expected utility under certain scenarios.

Much of modern financial economics works with models in which agents are rational, in that they maximize expected utility and use Bayes' law to update their beliefs.

The analyst observes behavior which is rationalized by a Bayesian model in which agents maximize expected utility given partial and differential information about payoff-relevant states of the world.

Why choose acts that maximize expected utility?

Further questions arise about the plausibility of the normative requirement to maximize expected utility.

If expected utilities are partition-sensitive, then acts that maximize expected utility may be partition-sensitive.

Jara-Ettinger, J., Floyd, S., Tenenbaum, J. B. & Schulz, L. Children understand that agents maximize expected utilities.

J. Jara-Ettinger, Floyd, S., Tenenbaum, J. B., and Schulz, L., "Children understand that agents maximize expected utilities"., Journal of Experimental Psychology: General, vol. 146, no.

In addition, we derive optimized adaptive designs that maximize expected utilities by optimizing the first stage sample size and decision thresholds for the selection of subgroups.

The option with the greatest expected utility will then simply be that which has the largest expected profit associated with it, and that option, according to the rule of maximizing expected utility, will be the optimal choice.

The optimal decision maximizes expected utility.