6) For example, the plaintiff's risk preferences affect the plaintiff's expected payoff
at trial but not the defendant's.
The first term in the right-hand side of (4) is the expected payoff
to the bank when reporting truthfully, and the second term is the expected payoff
in case of misreporting and possible detection by the regulator.
Our Monte Carlo budget was H = 5000, a sufficient number of samples to render negligible the variance in expected payoff
calculations for the attackers.
LTD expected payoff
= (LTD payments--expected future wealth).
The expected value is equal to the sum of the expected payoffs
for each "state of nature.
The matching technology implies that the decision of borrowers whether to enter the match affects the probability that a given lender will match and, therefore, affects the expected payoff
to the lender from entering the match.
In fact, giving the laundry a $75 take-back option increases the expected payoff
of both firms: The laundry's expected payoff
increases from $50 to $51.
With the exception of licensing, where profit potential was virtually the only form of expected payoff
, leveraging R&D and access to expertise and knowledge dominated the results.
These claims by Mele are plausible conjectures, but I am worried that thanks to the law of diminishing returns there may be little expected payoff
from pushing the project of clarifying and elaborating the commonsense model of the mind so far.
If each state of nature has a known (or estimated) probability of occurrence (determined, for example, by long-term weather forecasts), it is simple to calculate not only the expected payoff
For some workers, the expected payoff
from looking for work is so low that they decide that spending time at home is more productive than spending time in searching for a job-that is, in the terminology of the model of the allocation of time presented in the preceding section, the substitution effect dominates.
Retiring this financing, prior to its expected payoff
in late 2013, will allow Target to market the portfolio when the company resumes partner discussions later in 2012.
Given his beliefs, the expected payoff
of player i if he chooses k can be written
For not cheating to be dominant, it must yield a larger expected payoff
than cheating regardless of the opponent's strategy.
The first integral in the equation represents the expected payoff
from the first market for which player 1 has his higher value and player 2 has her lower value.