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In particular, it contextualizes and provides a possible biological implementation for models based on maximizing expected value, such as model-based or hierarchical reinforcement learning (Ribas-Fernandes et al. 2011; Huys et al. 2012).
This formulation equips the normative account (i.e., minimizing variational free energy or maximizing expected value) with a biologically plausible implementation an implementation that makes some clear predictions about measurable behavioral and neuronal responses.
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It is still understood that everyone maximizes expected value and seeks the optimum.
Moreover, the natural way of removing this incompleteness is by appealing to what are in fact controversial ethical claims, such as the claim that the right action is the one that maximizes expected value.
Specifically, in trials in which the sure win was below 200YEN, the expert's advice was the option that maximized expected value.
The ability to maximize expected value improved with age.
The parameter that maximizes expected value (EV) is denoted e and is calculated by subtracting the EV of W2 from the EV of W1.
In the context of planning, the simplest way to optimize behavior is to evaluate the outcomes of allowable policies and select the policy that maximizes expected value.
This specific modeling instance aims at maximizing expected portfolio value, and penalizes possible losses.
Investing, though, is about more than maximizing expected returns.
In contrast, high carbon prices promote more of a monoculture in order to maximize expected forest value in the long run from carbon sequestration.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com