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. 2024 Dec 10;26(12):1076. doi: 10.3390/e26121076
Algorithm 1 GBC for MEU
  Simulate (Y(i),θ(i))1≤i≤N∼p(y∣θ) or Y(i)=f(θ(i)) and θ(i)∼π(θ).
  Simulate the utility u(i)=U(d(i),Y(i),θ(i))
  Train H using the simulated dataset for i=1,…N, via θ^(i)=H(Y(i),z(i))
  Train U using the simulated dataset Ud=U(H(S(Y(i)),z)(i),d) for i=1,…N
  Pick a decision d that maximizes the expected utility. We use Monte Carlo to estimate the expected utility.
E(Ud)=∑i=1NFUd−1(ui)→maximized