Table 1: A decision table, showing states of the world (S 1–6), possible alternatives (A 1–6) and the expected outcomes and utilities of each alternative/state pair (A i /S j). Conclusions ...

The payoff table of this problem is displayed in Output 3.6.1.Note that the payoffs of the various scenarios are in thousands of dollars and are net present values (NPV) (). For example, the payoff ...

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