Concept information
Término preferido
expected utility theory
Definición
- Expected utility theory (EUT) states how an EUT decision maker makes choices among options that have specified characteristics. Each option is in some sense viewed by the EUT decision maker as beneficial to the EUT decision maker, but the option also has risks associated with the benefits and the EUT decision maker must bear the adverse outcomes associated with these risks should they occur. [Source: Encyclopedia of Medical Decision Making; Expected Utility Theory]
Concepto genérico
Pertenece al grupo
URI
http://data.loterre.fr/ark:/67375/N9J-PRH25FTK-S
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