Question: A decision maker using the maximin criterion on the problem below would choose Alternative because the maximum of the row minimums is States of

A decision maker using the maximin criterion on the problem below would

A decision maker using the maximin criterion on the problem below would choose Alternative because the maximum of the row minimums is States of Nature 1 2 3 Alternative A 50 55 60 Alternative B 80 90 90 80 Alternative C 70 80 170 Alternative D-100 -10 140 OA; 55 OB; 80 O C; 70 OD; 140 OD; 10

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