Definition von certainty-equivalent im Englisch Englisch wörterbuch
An amount that will be received or spent with certainty An insurance payment is a certainty equivalent since it removes the risk that unexpected amounts will need to be spent 520
An amount that would be accepted in lieu of a chance to receive a possibly higher, but uncertain, amount
The value of a certain outcome that yields the same level of utility as the expected utility of a set of uncertain outcomes