Question
How can I apply Lotteries theory in stock or investment in the real life? What is expected utility and why we need to calculate utility
How can I apply Lotteries theory in stock or investment in the real life?
What is expected utility and why we need to calculate utility function ?
what is diminishing marginal utility ?
what is expected value?
how to see the graph of them to know is it risk averse or not?
How can I apply all of them for the real life? Can you give me an example as well in the real life? Thanks !
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
