ENPV in a Simple Normal Form Game against Nature A project faces three potential states of the world with a varying number of users (n): 10, 20, or 80, with probabilities 0.3, 0.5, and 0.2. Three options are available with values per user, v, of $2, $5, and $10, with total costs of 10, 50, and 200, respectively.

Set up the normal form representation.

Find the expected value of each option. Without additional information, which option is best?

What would be the value of perfect information about the state of the world before the decision is made?