Question

This regret matrix gives values for strategies S1, S2, and S3 for the Bigg Company and competitive strategies CA1, CA2, and CA3 for the Large Company. A minimax Bigg manager choosing S3 would have a greatest possible regret of 2.


CA1 CA2 CA3
S1 5 5 3
S2 9 6 1
S3 10 2 5

Answer

This answer is hidden. It contains 51 characters.