WebbThe theorem is the basis for expected utility theory . In 1947, John von Neumann and Oskar Morgenstern proved that any individual whose preferences satisfied four axioms has a utility function; [1] such an individual's preferences can be represented on an interval scale and the individual will always prefer actions that maximize expected utility. WebbAcknowledgements This research was performed while the authors had been visiting at Vietnam Institute for Advanced Study in Mathematics (VIASM). The authors would like to thank the Institute for hospitality and support. †These authors were partially supported by Vietnam National Foundation for Science and Technology Development (NAFOS-
Định luật giới hạn trung tâm (Central Limit Theorem - vietnambiz
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