Question: Based on the following payoff (positive payoff) table Table3.pdf What decision should be made under minimax regret approach? d 1 Tie between d 1 and

Based on the following payoff (positive payoff)

Based on the following payoff (positive payoff) table Table3.pdf 
What decision should be made under minimax regret approach?

d1

Tie between d1 and d2 and d3

d2

d3
State of nature S1 Decision d S2 30 20 25 6 12 9 S3 50 15 35 d2 dz

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