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You Have Four Different Strategic Business Plans You Can Select

Question 35

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You have four different strategic business plans you can select to implement against your competitors.You estimate that the probability that the competitors are aware of your strategies is 0.3 and 0.7 that they are unaware.The payoffs are estimated for each scenario. You have four different strategic business plans you can select to implement against your competitors.You estimate that the probability that the competitors are aware of your strategies is 0.3 and 0.7 that they are unaware.The payoffs are estimated for each scenario. What is the expected value of perfect information? What is the expected value of perfect information?

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