In: Advanced Math
The following is a payoff table giving costs for various situations. What decision would an optimist make?
State 1 | State 2 | State 3 | |
Alternative 1 | 45 | 37 | 83 |
Alternative 2 | 16 | 59 | 72 |
Alternative 3 | 23 | 65 | 91 |
Alternative 4 | 44 | 33 | 55 |