I agree certainty and stability are quite relevant, but these can be integrated into expected value thinking. So I would say “straightforward money [not EV] maximisation”, as “value” should account for the risk of the assets.
Yes that makes sense to me!
I agree certainty and stability are quite relevant, but these can be integrated into expected value thinking. So I would say “straightforward money [not EV] maximisation”, as “value” should account for the risk of the assets.
Yes that makes sense to me!