What does the term "expected shortfall" refer to in decision theory?
A) The average loss in a bad scenario
B) The average gain in a good scenario
C) The overall profit in a decision
D) The maximum possible gain
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What does the term "expected shortfall" refer to in decision theory?
A) The average loss in a bad scenario
B) The average gain in a good scenario
C) The overall profit in a decision
D) The maximum possible gain