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9
A B C D E F G H I
Template for Maximax Criterion
State of Nature Maximum
Alternative S1 S2 in Row
A1 1 7 7 Maximax
A2 6 3 6
A3 4 4 4
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9
A B C D E F G H I
Template for Maximin Criterion
State of Nature Minimum
Alternative S1 S2 in Row
A1 1 7 1
A2 6 3 3
A3 4 4 4 Maximin
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7
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11
A B C D E F G H I J K
Template for Realism Criterion
Pessimism-Optimism Index = 0.5
State of Nature Maximum Minimum Weighted
Alternative S1 S2 in Row in Row Payoff
A1 1 7 7 1 4
A2 6 3 6 3 4.5 Maximum
A3 4 4 4 4 4
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A B C D E F G H I J K
Template for Realism Criterion
Pessimism-Optimism Index = 0.25
State of Nature Maximum Minimum Weighted
Alternative S1 S2 in Row in Row Payoff
A1 1 7 7 1 2.5
A2 6 3 6 3 3.75
A3 4 4 4 4 4 Maximum
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11
A B C D E F G H I J K
Template for Realism Criterion
Pessimism-Optimism Index = 0.8
State of Nature Maximum Minimum Weighted
Alternative S1 S2 in Row in Row Payoff
A1 1 7 7 1 5.5 Maximum
A2 6 3 6 3 5.25
A3 4 4 4 4 4
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16
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18
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20
21
A B C D E F G H I
Template for Minimax Regret Criterion
Payoff Table
State of Nature
Alternative S1 S2
A1 1 7
A2 6 3
A3 4 4
Maximum 6 7 0 0 0
Regret Table
State of Nature Maximum
Alternative S1 S2 in Row
A1 5 0 5
A2 0 4 4
A3 2 3 3 Minimax
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9
A B C D E F G H I
Template for Maximax Criterion
State of Nature Maximum
Alternative S1 S2 S3 in Row
A1 15 30 20 30
A2 12 24 28 28
A3 525 35 35 Maximax
A4 18 20 25 25
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A B C D E F G H I
Template for Maximin Criterion
State of Nature Minimum
Alternative S1 S2 S3 in Row
A1 15 30 20 15
A2 12 24 28 12
A3 525 35 5
A4 18 20 25 18 Maximin
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11
A B C D E F G H I J K
Template for Realism Criterion
Pessimism-Optimism Index = 0.5
State of Nature Maximum Minimum Weighted
Alternative S1 S2 S3 in Row in Row Payoff
A1 15 30 20 30 15 22.5 Maximum
A2 12 24 28 28 12 20
A3 525 35 35 520
A4 18 20 25 25 18 21.5
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7
8
9
10
11
A B C D E F G H I J K
Template for Realism Criterion
Pessimism-Optimism Index = 0.25
State of Nature Maximum Minimum Weighted
Alternative S1 S2 S3 in Row in Row Payoff
A1 15 30 20 30 15 18.75
A2 12 24 28 28 12 16
A3 525 35 35 512.5
A4 18 20 25 25 18 19.75 Maximum
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A B C D E F G H I J K
Template for Realism Criterion
Pessimism-Optimism Index = 0.75
State of Nature Maximum Minimum Weighted
Alternative S1 S2 S3 in Row in Row Payoff
A1 15 30 20 30 15 26.25
A2 12 24 28 28 12 24
A3 525 35 35 527.5 Maximum
A4 18 20 25 25 18 23.25
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A B C D E F G H I
Template for Minimax Regret Criterion
Payoff Table
State of Nature
Alternative S1 S2 S3
A1 15 30 20
A2 12 24 28
A3 525 35
A3 18 20 25
Maximum 18 30 35 0 0
Regret Table
State of Nature Maximum
Alternative S1 S2 S3 in Row
A1 3 0 15 15
A2 6 6 7 7 Minimax
A3 13 5 0 13
A3 010 10 10
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A B C D E F G H I
Template for Maximax Criterion
State of Nature Maximum
Alternative Sell 10,000 Sell 100,000 in Row
Build Computers 0 54 54 Maximax
Sell Rights 15 15 15
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4
5
6
7
8
9
A B C D E F G H I
Template for Maximin Criterion
State of Nature Minimum
Alternative Sell 10,000 Sell 100,000 in Row
Build Computers 0 54 0
Sell Rights 15 15 15 Maximin
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11
A B C D E F G H I J K
Template for Realism Criterion
Pessimism-Optimism Index = 0.5
State of Nature Maximum Minimum Weighted
Alternative Sell 10,000 Sell 100,000 in Row in Row Payoff
Build Computers 0 54 54 027 Maximum
Sell Rights 15 15 15 15 15