Question: Using the payoff matrix below, select the dominate strategy (S1, S2, S3, or S4) when applying each of the following criteria: Hurwicz Wald Savage Laplace
Using the payoff matrix below, select the dominate strategy (S1, S2, S3, or S4) when applying each of the following criteria:
Hurwicz Wald Savage Laplace
N1 N2 N3 N4 S1 $ 60.0 $ 40.0 $ 90.0 $ 20.0 S2 $ 50.0 $ 80.0 $ 60.0 $ 105.0 S3 $ 100.0 $ 50.0 $ (50.0) $ 10.0 S4 $ 70.0 $ (30.0) $ 100.0 $ 150.0
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