Choice Under Uncertainty | Part 1 | Meaning of Expected Value and Expected Utility | 35 |

This video talks about
1. What is the meaning of Expected Value and Expected Utility?
2. When will the consumer prefer a certain income over a gamble?
(REFERENCE : Varian Ch 12)
This is useful for those who are preparing
1) Intermediate Microeconomics Course in their semesters
2) UGC Net Economics
3) Basics of MA Economics Entrance Exam (DSE/ISI/JNU/IGIDR/MSE)
4) Indian Economic Services
For any course related query please call 9999886629
or visit nishantmehra.com for IAS Economics Optional/ Indian Economic Services/ UGC Net Economics
or visit Ecopoint.in for MA Economics Entrance Coaching