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Choice Under Uncertainty | Part 1 | Meaning of Expected Value and Expected Utility | 35 |
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This video talks about
1. What is the meaning of Expected Value and Expected Utility?
2. When will the consumer prefer a certain income over a gamble?
(REFERENCE : Varian Ch 12)
This is useful for those who are preparing
1) Intermediate Microeconomics Course in their semesters
2) UGC Net Economics
3) Basics of MA Economics Entrance Exam (DSE/ISI/JNU/IGIDR/MSE)
4) Indian Economic Services
For any course related query please call 9999886629
1. What is the meaning of Expected Value and Expected Utility?
2. When will the consumer prefer a certain income over a gamble?
(REFERENCE : Varian Ch 12)
This is useful for those who are preparing
1) Intermediate Microeconomics Course in their semesters
2) UGC Net Economics
3) Basics of MA Economics Entrance Exam (DSE/ISI/JNU/IGIDR/MSE)
4) Indian Economic Services
For any course related query please call 9999886629
Choice Under Uncertainty | Part 1 | Meaning of Expected Value and Expected Utility | 35 |
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