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An investor is considering 4 investments, A, B, C and leaving his money in the bank. The pay from each Investment is a function of

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An investor is considering 4 investments, A, B, C and leaving his money in the bank. The pay from each Investment is a function of the economic climate over the next 2 years. The economy expand or decline. The following payoff matrix has been developed for the decision problem A B c D 1 Payoff Matrix 2 3 Economy 4 Investment Decline Expand A 0 85 6 25 65 7 40 30 Bank 8 10 10 Payotts What decision should be made according to the maximin decision rule

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