Concept information
Terme préférentiel
von neumann-morgenstern utility function
Définition(s)
- John von Neumann and Oskar Morgenstern extended the theory of consumer preferences by incorporating a theory of behavior toward risk variance. The utility function that bears their names arises from the expected utility hypothesis. [Source: Encyclopedia of Business Ethics and Society; Von Neumann-Morgenstern Utility Function]
Concept(s) générique(s)
Appartient au groupe
URI
http://data.loterre.fr/ark:/67375/N9J-D9GVNP8B-X
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}