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

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Choice Under Uncertainty | Part 2 | Risk Averse Individual and Fair Bet | 36 |
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Choice Under Uncertainty | Part 2 | Risk Averse Individual and Fair Bet | 36 |

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[Choice Under Uncertainty] | Part 3 | Risk Aversion | Risk Premium | Certainty Equivalence | 37 |

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