Examlex
Alignment values of "left" or "right" place a table caption below the table to the left or right.
Utility Function
A mathematical representation that describes how the total utility or satisfaction a consumer derives from consuming goods and services depends on the quantities consumed.
Self-employment
A state in which an individual works for himself or herself instead of working for an employer that pays a salary or a wage.
Expected Utility
A theory in economics that calculates the anticipated utility or satisfaction from different possible outcomes, taking into account their probabilities.
Risk Averse
A term describing an individual's or entity's preference for minimizing risk, favoring safer options over riskier ones.
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