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Expected utility theory (EUT) is currently the standard framework which formally defines rational decision-making under risky conditions. EUT uses a theoretical device called von Neumann-Morgenstern utility function, where concepts of function and random variable are employed in their...
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the media. Both responsibility and rationality are fundamental weights for the effectiveness of risk communication during … public, through the media, the risk of terrorist attacks by the Islamic State of Iraq and the Levant (ISIL) against their …-making regarding the risk of ISIL's potential activities. …
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