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THERE IS 0 Minimax Regret ?

This topic has 1 reply, 2 voices, and was last updated 4 years ago by mrjonbain.

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April 10, 2020 at 9:53 am #567093
inn2020
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- Topics: 1
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If the regret table show like this
maximum payoff
HIGH 0
AVERAGE 25
LOW 60
Which strategy should Pretty adopt under (Minimax Regret Approach.
April 24, 2020 at 1:12 pm #569157
mrjonbain
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- Topics: 6
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I think it would be the 0 regret as this is lower than the other options.It does seem like an unusual situation.Could you pleases give the full question or scenario.
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