"utility" in inglés with examples - Collocation dictionary inglés
- For the past 30 years almost all economic analysis of decision making in situations of risk and uncertainty has been based on expected utility theory.
- In some sense, this foreshadowed the development of utility theory in the 18th-19th century.
- The subjective expected utility theory has been applied to contexts beyond fear appeals.
- Fisher made important contributions to utility theory and general equilibrium.
- Recently, expected utility theory has been extended to arrive at more behavioral decision models.
- Expected utility theory is criticized by behavioral decision science.
- Preference relations can also be applied to a space of simple lotteries, as in expected utility theory.
- As mentioned above, weak orders have applications in utility theory.
- The value of non-working time is linked strongly to utility theory.
- One interpretation is that expected utility theory does not properly describe actual human choices.
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