AppletMaking Risky Decisions/Decision Making Under Risk
SourceA Collection of JavaScript E-labs Learning Objects (Arsham)
DescriptionOutputs expected payoff, expected regret, expected value of perfect information, and efficiency based on user-entered actions, states of nature, and associated probabilities.
Linkhttp://home.ubalt.edu/ntsbarsh/Business-stat/otherapplets/DaRisky.htm
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KeywordsDecision analysis, Decision analysis calculators, Expected payoffs, Expected regret, EVPI
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