expected value maximization principle
Definition
Decision theory rule that the alternative with largest expected value (EV) should be chosen.
expected value maximization principle is in the Decision Making, Problem Solving, & Strategy, Economics, Politics, & Society and Statistics, Mathematics, & Analysis subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/expected-value-maximization-principle.html
email to a friend
print this definition
cite this definition
link to this page







