Let K be everything Fred knows, and suppose you are deliberating between options A and B. Then Fred expects you to get U(AK)=E[V|AK] from your choosing A and U(BK)=E[V|BK] from your choosing B, where V is a random variable expressing value-for-you and E[...|...] is conditional expectation.[note 1] If you knew for sure that U(AK)>U(BK), then you would be (self-interestedly???I will omit this from no