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Some Learning Theorists Argue That the Information in the Semantic

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Some learning theorists argue that the information in the semantic and episodic memory systems should be considered declarative knowledge.


Definitions:

Wealth

The abundance of valuable financial assets or physical possessions which can be converted into forms that can be used for transactions or investments.

Von Neumann-Morgenstern

A utility theorem that represents individuals' preferences over risky choices, and is foundational in expected utility theory.

Utility Function

A mathematical model in economics that represents how different quantities of goods or services can provide satisfaction to consumers.

Income

The reward garnered over time, generally in a consistent pattern, from occupational or investment sources.

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