von Neumann-Morgenstern Utility Function
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A von Neumann-Morgenstern Utility Function is a decision utility function that satisfies the following four axioms ...
- AKA: vNM Utility.
- See: Hedonic Utility Function, Exponential Utility Function, Learning Cost Function, von Neumann–Morgenstern Utility Theorem.
References
1979
- (Morgenstern, 1979) ⇒ Oskar Morgenstern. (1979). “Some Reflections on Utility.” In: Theory and Decision Library, 21.