Examlex
Write the chemical formula for nitric acid.
Expected Utility Maximizer
An economic agent who selects the option with the highest expected utility, reflecting their preferences and risk tolerance.
Natural Log
The logarithm to the base \(e\), where \(e\) is an irrational and transcendental constant approximately equal to 2.71828.
Probability
A measure of the likelihood of a given event happening, often expressed as a number between 0 and 1.
Von Neuman-Morgenstern
Refers to the theory of expected utility, formulated by John von Neumann and Oskar Morgenstern, which addresses choices made under conditions of risk.
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