4 ms·
This definition of level of risk is relevant only when you have a von Neumann-Morgenstern utility function though.
by LudwigNagasena 6y ago
This definition of level of risk is relevant only when you have a von Neumann-Morgenstern utility function though.
- Dudeman112 6y agoWe should totally act as if we had a von Neumann-Morgenstern utility function though