Expected Utility Theory

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[@RS-eq2dn]

Great that you started to make videos again just when I need them

[@benjaminodin6056]

Good explanation, more certainty in yourself. Let’s take it to the next level and explain what these outcomes are an apply a risk profile to them.

[@AmberLily7]

Thanks for this! Very helpful for my psychology essay!

[@rogerwilcox8084]

Thanks so much

[@davismotomiya29]

Wealth u(W) = ROOT W, W=10, probability 0.3 to turn to 100, 0.7 to lose everything, wants to avoid risk, how much is he willing to pay? (0,1,2,3)

[@saamarthyadav8674]

thanks ben

[@sselunjogisimonpeter3377]

Gracias! Gracias!
Dios te bendecir