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Word to meaning Meaning to word CARD 2 OF 2
Which word fits this meaning? A framework that weighs the value of future outcomes according to when they occur.
noun phrase
Reveal word and examples discounted utility The lecturer used discounted utility to compare otherwise similar rewards at different dates. Dictionary practice example. A seminar uses discounted utility to represent how a fictional reader weighs the value of receiving a desired book at different future dates. From Preferences Across Time and Comparison . Full dictionary entry How did you do before revealing the answer?
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