You are in the market for a new car. An important characteristic is the life span of

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You are in the market for a new car. An important characteristic is the life span of the car. (Define lifespan as the number of miles driven until the car breaks down, requiring such extensive repairs that it would be cheaper to buy an equivalent depreciated machine.) Assess your utility function for automobile life span over the range from 40,000 to 200,000 miles.
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Making Hard Decisions with decision tools

ISBN: 978-0538797573

3rd edition

Authors: Robert Clemen, Terence Reilly

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