The following is a payoff table giving profits for various situations. What decision would a pessimist make?
A) Alternative 1
B) Alternative 2
C) Alternative 3
D) Do Nothing
E) State of Nature A

Question

The following is a payoff table giving profits for various situations.  What decision would a pessimist make?
A) Alternative 1 
B) Alternative 2 
C) Alternative 3 
D) Do Nothing 
E) State of Nature A

Quizplus · Accepted Answer

The Answer of The following is a payoff table giving profits for various situations.  What decision would a pessimist make?
A) Alternative 1 
B) Alternative 2 
C) Alternative 3 
D) Do Nothing 
E) State of Nature A

The Following Is a Payoff Table Giving Profits for Various