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Consider the Following Payoff Table with Amounts in $ Millions

Question 29

Multiple Choice

Consider the following payoff table with amounts in $ millions. Consider the following payoff table with amounts in $ millions. If you are using Hurwicz and decide d<sub>3</sub>,then the coefficient of optimism,α,is ______. A) undetermined;there is not enough information to find the answer B) unfeasible;there is no value of α that would make you choose d<sub>3</sub> C) larger than 0.85 D) less than 0.83 If you are using Hurwicz and decide d3,then the coefficient of optimism,α,is ______.


A) undetermined;there is not enough information to find the answer
B) unfeasible;there is no value of α that would make you choose d3
C) larger than 0.85
D) less than 0.83

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