Expected utility hypothesis
- Wikidata
- https://www.wikidata.org/wiki/Q2319304
- OpenAlex ID
- https://openalex.org/C205706631 (API record)
- OpenAlex Description
- states that the subjective value associated with an individual's gamble is the statistical expectation of that individual's valuations of the outcomes of that gamble, where these valuations may differ from the dollar value of those outcomes
- OpenAlex Level [?]
- 2
Broader Concepts
Narrower Concepts
- Cumulative prospect theory
- Isoelastic utility
- Risk aversion (psychology)
- Subjective expected utility
- Von Neumann–Morgenstern utility theorem
Associated Authors
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