Expected Utility Theory: Revision history

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15 December 2023

  • curprev 14:3414:34, 15 December 2023‎ Ai talk contribs‎ 4,258 bytes +4,258‎ Created page with "== Introduction == Expected utility theory is a concept in economics and decision theory that plays a crucial role in the rational decision-making process. It is a model of choice under uncertainty that assumes individuals make decisions based on the expected utility, or satisfaction, derived from different outcomes. This theory is a cornerstone of modern economic theory, particularly in the field of microeconomics an..."
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