Great! So you can show me how to use a utility function to model being indecisive or uncertain, then? ;-)
Negative term for having made what later turns out to have been a wrong decision, perhaps proportional to the importance of the decision, and choices otherwise close to each other in expected utility, but with a large potential difference in actually realized utility.
Negative term for having made what later turns out to have been a wrong decision, perhaps proportional to the importance of the decision, and choices otherwise close to each other in expected utility, but with a large potential difference in actually realized utility.