In both cases, the information clearly affects the

expected payoff of both the plaintiff and defendant at trial, and these are the types of informational asymmetry considered most often in the literature.

2002) offer subjects a choice between a gamble and a certain outcome equal to the

expected payoff of the gamble for various probabilities of winning the gamble (2%-98%).

If audits occurs with strictly positive probability, and when using the message strategy m, the

expected payoff to a bank of type [q.

We can construct the complete

expected payoff matrix of the game by repeating the above procedure for each attacker strategy profile s and each database publisher's action [s.

If this individual is suffering from a condition that precludes him from fully performing his job at the current time, the

expected payoff from exercising the option and filing an LTD claim increases.

That is, if A follows Strategy 1, B's

expected payoff is [E.

Note that this relationship is different from that in the standard asset pricing model when the price of the risky asset is the discounted

expected payoff,

The basic premise of real options theory is that many investments (as well as most strategic decisions) involve risk and uncertainty concerning future payoffs and costs, but the decision can often be divided into stages and sequenced so that more information is available after the first stage that will influence the probability as well as the potential size of the

expected payoff.

The analysis also considered the probability of Genius having x-factor and Nash's

expected payoff from a deal with Genius or Smart, or from going it alone.

Burns' enforced departure, together with an

expected payoff of up to pounds 75,000, was anticipated after he fell foul of a number of outspoken chairmen over the ITV Digital fiasco.

According to equations 1,2, and 3, the

expected payoff to an agent who attempts to match depends on the probability of consummating the match.

But the characters' depth, humanity and likability make the

expected payoff feel earned.