Talk:Expected value of perfect information

Latest comment: 2 years ago by 77.246.53.48 in topic Inaccuracy in the Text

The first paragraph mentions 'payer', the others 'player'. It should be unified. If it is about gain and max (not cost and min), I prefer 'player'. 78.139.0.254 (talk) 08:18, 9 November 2013 (UTC)Reply

Inaccuracy in the Text edit

The first formula is misleading. EMV does not have a max() function as shown in the formula. It's only when one seeks to find the best payoff that they introduce that function. This should be made accurate (say, by specifying with a subscript on the term "EMV" that the EMV in the formula is the best, or by removing the max function and only satisfying ourselves with specifying in the text when a maximum function is used). 77.246.53.48 (talk) 07:24, 12 September 2021 (UTC)Reply