Game theory predicts that each buyer will bid so as to maximize her expected payoff, given that all other buyers do the same.

博弈论预言了每一个买者在竞标时应如此行事，亦即，在假定其他所有买者均比照自己一样行事的条件下，须得将自己的期望所得极大化。

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Expected utility is calculated by multiplying the probability of each payoff by the payoff and taking the total sum.

预期效用的计算方法是用每次支付分值的概率乘以支付的分值，然后对其进行累加。

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The expected discounted payoff corresponding to the optimal parametric exercise boundary is the final result for the American basket option price.

这个根据参数形式的最优可执行边界得出的期望贴现收益就是我们所求的美式一篮子期权价格。

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So in this case, my expected payoff is a ? of 1 plus a ? of 4, for a total of again 2.5.

在这种情况下,我预期收益是?乘1加?乘4,总和还是2.5

耶鲁公开课 - 博弈论课程节选

So what's my expected payoff from choosing Up where I believe the other person's going to choose Left and Right, equally likely? It's what?

那么在我对手选择左或右,可能性相同的情况下,我的预期收益会是什么样的呢

耶鲁公开课 - 博弈论课程节选

So this line represents the expected payoff of shooting to the middle as a function of the probability that the goal keeper dives to the right.

这条线表示从中路射门时罚球者的收益,是门将扑向右路概率的一个函数

耶鲁公开课 - 博弈论课程节选

This expected payoff would surely be less than the premium, given the loads involved in buying homeowners and other forms of insurance.

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When facing a "loss" either way, the monkeys preferred the chance of getting three half of the time--even though the expected payoff in all cases was the same.

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