In Exercise 19.36, which company would the investor select if it were using the maximin criterion? The

Question:

In Exercise 19.36, which company would the investor select if it were using the maximin criterion? The maximax criterion? The minimax regret criterion?
In exercise
An investor is trying to decide between two promising technology to round out his The remainder of his consists of relatively conservative companies and will not enter into his decision as to which technology company will be selected. DiskWorth is a well-established company engaged in the design and manufacture of data storage disks, while ComTranDat is a start-up firm in the midst of developing what could be a wireless communication and data transmission system superior to those currently used or under development by the leaders in its industry. Depending on whether the technology sector weakens, remains the same, or strengthens over the next 10 years, the investor estimates that his profits with DiskWorth would be $20,000, $30,000, and $40,000, for the respective scenarios.
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...