Examlex
Care must be taken when terminating employees because they may take harmful and malicious actions.
Riskless Assets
Financial instruments that are considered to have a minimal possibility of default, often yielding a guaranteed, but lower, return.
Utility Function
A mathematical representation that ranks preferences of consumers by assigning a numerical value to each possible bundle of goods, indicating the level of satisfaction or utility derived.
Expected Utility
A theory in economics that calculates the utility or satisfaction a person expects to receive from different possible outcomes in a risky or uncertain situation.
Walking To Work
The act of commuting to one's place of employment by foot, which can offer health benefits and reduce traffic congestion and pollution.
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