Question: A payoff table is given below. What choice should be made by the optimistic decision maker? State of Nature Decision s 1 s 2 s
A payoff table is given below. What choice should be made by the optimistic decision maker?
| State of Nature | |||
| Decision | s1 | s2 | s3 |
| d1 | 250 | 750 | 500 |
| d2 | 300 | -250 | 1200 |
| d3 | 500 | 500 | 600 |
A) d2
B)none
C)d3
D)d1
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