What finance theory is based on — and much of economics is based on — the idea that people want to maximize the expected utility of their wealth.

金融学理论建立在，并且很多经济学的都是建立在，人们希望能使自己对，财富的期望效用最大化这一基础上。

youdao

All are based, to one extent or another, on the idea that people are irrational actors, and that markets aren't always efficient.

所有这些理论都或多或少以一个假设为基础：即人并不是理性的行为体，市场也不总是有效的。

youdao

The idea, based on research and recent experience in states such as Texas and Hawaii, is that people change behaviour in response to swift and certain consequences, not necessarily severe ones.

这种想法建立在研究和得克萨斯及夏威夷等州试行的基础上，说明人们改变了对于迅速和确切而不是必要的严重后果做出反应的行为。

youdao

What finance theory is based on-- and much of economics is based on-- the idea that people want to maximize the expected utility of their wealth.

金融学理论建立在,并且很多经济学的都是建立在,人们希望能使自己对,财富的期望效用最大化这一基础上

耶鲁公开课 - 金融市场课程节选

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