Examlex
The philosophical doctrine of existentialism, with its emphasis on God as a fiction, no preordained human destiny, and the human creation of all values
Utility
A measure of satisfaction, usefulness, or value that a consumer derives from consuming a good or service.
Decreasing Rate
A situation or condition in which the rate at which something occurs or is processed diminishes over time.
Expected Utility
A theory in economics that calculates the utility expected from different choices, aiming to predict an individual's preferences under uncertainty.
Risk-neutral
Refers to being indifferent to risk, showing no preference toward either risk-taking or risk-avoidance behavior.
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