Have any of you made an effort to apply expected utility theory to all the things you do? If so, how did you find it?
I’m guessing there are constraints that make routine application difficult but it seems like you could take those into account too
Have any of you made an effort to apply expected utility theory to all the things you do? If so, how did you find it?
I’m guessing there are constraints that make routine application difficult but it seems like you could take those into account too