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 Nature

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

30 50 80

Alternative C

70 80 70

Alternative D

- 100 - 10 140

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