Question

reset answer
The sum of probability theory and utility theory is
A. Logical theory
B. Decision theory
C. Informative
D. Probability​

Answer 1

Answer:

These individuals will choose the action that will result in the highest expected utility, which is the sum of the products of probability and utility over all possible outcomes. ... This theory also notes that the utility of a money does not necessarily equate to the total value of money.

Answer 2

Probability is the answer of this question