Expected utility: Difference between revisions
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imported>Nick Gardner (New page: {{subpages}} <!-- Text is transcluded from the Expected utility/Definition subpage-->) |
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Latest revision as of 14:25, 25 June 2010
Expected utility [r]: The sum of the utilities to a person of all possible outcomes of a decision, after multiplying the utility of each outcome by its probabilty of occurrence. [e]
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