Sentence examples for on expected utility from inspiring English sources

Pascal presents a number of distinct arguments (see the article on Pascal's wager), but one particularly notable version relies on expected utility considerations.

This looks like an argument based on expected utility theory.

Bayesians, such as Maher (1993), suggest that this decision be made on expected utility grounds.

The theoretical framework for this paper is grounded on expected utility theory under a mean-standard deviation utility function.

Instead, systems engineers can make decisions that favor system robustness using established methods based on expected utility theory.

Good (1967) argues on expected utility grounds that it is always rational to gather evidence before acting, provided that evidence is free of cost.

In Section 3 we assess adaptive approaches based on expected utilities and use simulation results to identify optimized designs for a range of scenarios.

Any serious evaluation of expected utility on any topic has to look at the full range of future events.

On a typical understanding of expected utility theory, when two acts are tied for having the highest expected utility, agents are required to be indifferent between them.

On Savage's definition of expected utility, expected utility theory entails Independence.

For instance, Hey and Dardadoni (1988) describe a large-scale experimental investigation to test the implications of expected utility maximization on optimal consumption behavior.