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What (who) is G-expectation - definition
G-expectation
In probability theory, the g-expectation is a nonlinear expectation based on a backwards stochastic differential equation (BSDE) originally developed by Shige Peng.
Expected value
LONG-RUN AVERAGE VALUE OF A RANDOM VARIABLE
Expectation operator; Expectation (mathematics); Expectation value; Expectation Value; Mathematical expectancy; E value; Expected number; Expected monetary value; Expected values; Expected Monetary Value; Mathematical expectation; Expectation number; Sklansky Buck; E(X); Expected Value; Unconditional expectation; Expectation Operator; Linearity of expectation; Expect value; Expected payout; Expectation (statistics)
In probability theory, the expected value (also called expectation, expectancy, mathematical expectation, mean, average, or first moment) is a generalization of the weighted average. Informally, the expected value is the arithmetic mean of a large number of independently selected outcomes of a random variable.
expected value
LONG-RUN AVERAGE VALUE OF A RANDOM VARIABLE
Expectation operator; Expectation (mathematics); Expectation value; Expectation Value; Mathematical expectancy; E value; Expected number; Expected monetary value; Expected values; Expected Monetary Value; Mathematical expectation; Expectation number; Sklansky Buck; E(X); Expected Value; Unconditional expectation; Expectation Operator; Linearity of expectation; Expect value; Expected payout; Expectation (statistics)
¦ noun Mathematics a predicted value of a variable, calculated as the sum of all possible values each multiplied by the probability of its occurrence.
