Sentence examples for maximized expected utility from inspiring English sources

Together, these two measures indicated that both animals combined objective value with risk in a meaningful way and maximized expected utility.

To disambiguate between these accounts of choice behavior, we used the behavioral data to compare active inference, in which subjects maximize both entropy and expected utility, with a model wherein subjects maximized expected utility alone.

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.

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

Many philosophers have questioned whether the rule of maximizing expected utility represents an adequate or complete guide to decisions, particularly with regard to decisions of an ethical nature.

The rule of maximizing expected utility represents a consequentialist form of reasoning, in which actions are judged solely in terms of their potential outcomes.

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 concept of expected utility and the rule of maximizing expected utility have wide application to decisions in business contexts, including those involving insurance, capital expenditures, investment, marketing, and operations.

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.

I present three justifications for using DU: (1) the view that the first generation's preferences should be hegemonic, (2) the viewpoint of a utilitarian Ethical Observer who maximizes expected utility when the existence of future generations is uncertain, and (3) axiomatic justifications (as in classical social-choice theory).