certainty equivalent

English - Turkish

Definition of certainty equivalent in English Turkish dictionary

kesinlik eşdeğer

(Ticaret) belirlilik eşiti

(Ticaret) belirlilik eşitliği

English - English

Definition of certainty equivalent in English English dictionary

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

Hyphenation

cer·tain·ty e·qui·va·lent

Turkish pronunciation

sırtınti îkwîvılınt

Pronunciation

/ˈsərtəntē əˈkwəvələnt/ /ˈsɜrtəntiː ɪˈkwɪvələnt/