Here's the basic idea: According to expected utility theory, people make risky decisions by balancing the value of all possible outcomes.
其基本思想如下：根据期望效用理论，人们的风险决策是在权衡所有可能产出后得到的结果。
Here's the basic idea: According to expected utility theory, people make risky decisions by balancing the value of all possible outcomes. So let's say that you're betting on the flip of a coin.
其基本思想如下：根据期望效用理论，人们的风险决策是在权衡所有可能产出后得到的结果。
What finance theory is based on — and much of economics is based on — the idea that people want to maximize the expected utility of their wealth.
金融学理论建立在，并且很多经济学的都是建立在，人们希望能使自己对，财富的期望效用最大化这一基础上。
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