Question: Which criterion would a decision maker use when s/he is in a decision-making situation in an environment of uncertainty and decides to use the same

Which criterion would a decision maker use when s/he is in a decision-making situation in an environment of uncertainty and decides to use the same probability of occurrence for all state of nature?

A. Laplace criterion
B. Maximax criterion
C. Hurwicz criterion
D. Minimax criterion
E. Maximin criterion

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