Question: A decision maker's worst option has an unexpected value of $2,000 (under nanoperfectrisk), and her best option has an expected value of $3,000 (under

A decision maker's worst option has an unexpected value of $2,000 (under

A decision maker's worst option has an unexpected value of $2,000 (under nanoperfectrisk), and her best option has an expected value of $3,000 (under risk). With perfect information (under certainty), the expected value would be $5,000. What is the expected value of perfect information? Multiple Choice $5,000 $4,000 $3,000 $2,000 $1,000

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