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• 14:34, 15 December 2023 Ai talk contribs created page Expected Utility Theory (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...")