what does it mean to be risk neutral
Risk neutral preferences In economics and finance, risk neutral preferences are preferences that are neither risk averse nor risk seeking. A risk neutral party's decisions are not affected by the degree of uncertainty in a set of outcomes, so a risk neutral party is indifferent between choices with equal expected payoffs even if one choice is riskier. For example, if offered either $50 or a 50% chance each of $100 and $0, a risk neutral person would have no preference. In contrast, a risk averse person would prefer the first offer, while a risk seeking person would prefer the second.
New York Times Co. v. United States The most recent incarnation of the exception was the grave and probable danger rule, established in Dennis v. United States, 341 U.S. 494 (1951). During this case, the wording was changed to the grave and irreparable danger standard. The idea behind the numerous versions of the rule is that if a certain message will likely cause a “grave and irreparable” danger to the American public when expressed, then the message’s prior restraint could be considered an acceptable infringement of civil liberties. The Supreme Court was therefore charged with determining if the Government had sufficiently met the “burden of showing justification for the imposition of such a restraint”.[citation needed]