The existence theorem of expected utility function was the most important conclusion in expected utility theory.

期望效用函数存在定理是期望效用理论中最重要的定理。

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However, because oneself lacks the strict logical inference, I think that it is unable to substitute for the expected utility theory in the standardized decision-making function.

然而，由于自身缺乏严格的逻辑推理，决定了它无法取代期望效用理论在规范化决策中的作用。

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By taking into the account the expected rate of return and the risk involved Kelly's utility function maximizes the overall growth of your bankroll.

通过参加进账户被期望的收益率和危险包含凯利的实用功能使你的资金的总的生长最大化。

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Of course, we will also be talking about behavioral finance in this course and we'll, at times, be saying that the utility function concept isn't always right-- the idea that people are actually maximizing expected utility might not be entirely accurate.

当然 我们还会,在这门课上讨论行为金融学,并且,我们会间或,讨论到效用函数不总是正确的,人们希望最大化期望效用的观点,也许并不是完全准确的

耶鲁公开课 - 金融市场课程节选