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Your staff has found a person that says he is 100% confident that he can convince the Texaco CEO to take the offer Pennzoil countered
Your staff has found a person that says he is 100% confident that he can convince the Texaco CEO to take the offer Pennzoil countered to the original $2B. Going back to the original model (Decision Tree or Influence Diagram), what is the maximum amount you would pay to this person to have him use his influence? (This is known in Decision Analysis as the "Value of Wizardry".) State your answer in Billions of dollars accurate to 4 decimal places. Your staff has found a person that says he is 100% confident that he can convince the Texaco CEO to take the offer Pennzoil countered to the original $2B. Going back to the original model (Decision Tree or Influence Diagram), what is the maximum amount you would pay to this person to have him use his influence? (This is known in Decision Analysis as the "Value of Wizardry".) State your answer in Billions of dollars accurate to 4 decimal places
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