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This Regret Matrix Gives Potential Dollar Values in Thousands for Strategies

Question 64

Multiple Choice

This regret matrix gives potential dollar values in thousands for strategies S1, S2, S3, and S4 for Al's Fish Fry and competitive strategies CA1, CA2, and CA3 for Sal's Fish Bake. If Al chooses S3, what kind of strategy is he using? This regret matrix gives potential dollar values in thousands for strategies S1, S2, S3, and S4 for Al's Fish Fry and competitive strategies CA1, CA2, and CA3 for Sal's Fish Bake. If Al chooses S3, what kind of strategy is he using? A) minimax B) maximin C) maximax D) minimin


A) minimax
B) maximin
C) maximax
D) minimin

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