Question: Refer to Problem 16.11. Suppose that the decision maker has made a third assessment, concluding that she is indifferent between E Win the best possible

Refer to Problem 16.11. Suppose that the decision maker has made a third assessment, concluding that she is indifferent between E Win the best possible combination with probability 0.18. Win the worst possible combination with probability 0.82 and F Win a combination that is worst on Attributes 1 and 2, and best on 3. What does this assessment imply for the analysis? Is it consistent with your answer for k 3 in Problem 16.11? What should you do now?

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From problem 1611 we had k 1 025 k 2 034 and k 3 1 025 034 041 However the assessm... View full answer

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