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game theory The following table shows the NPVs for 3 projects for 3 different states of an uncertain environment [I, II, and III]. State I

game theory

The following table shows the NPVs for 3 projects for 3 different states of an uncertain environment [I, II, and III]. State I represents the best environment and State III represents the worst environment.

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Pay off matrix Project Regret matrix Project What is the value of win the regret matrix? Red Blue Green Red Blue Green 4,070 3,710 2,830 iv vii if viii 1,920 3,100 2,520 if! vi ix 1,790 1,780 3,430

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