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An investor is considering four different opportunities, A, B, C, or D.The payoff for each opportunity will depend on the economic conditions, represented in the

An investor is considering four different opportunities, A, B, C, or D.The payoff for each opportunity will depend on the economic conditions, represented in the payoff table below in profit. What decision would be made under minimax regret?

An investor is considering four different opportunities, A, B, C, or D.The payoff for each opportunity will depend on the economic conditions, represented in the payoff table below in profit. What decision would be made under minimax regret?

Economic Condition

Poor Average Good Excellent

Investment (S1) (S2) (S3) (S4)

A 50 75 20 30

B 80 15 40 50

C -100 300 -50 10

D 25 25 25 25

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