Decision Making Under Risk
Enter your up-to-6x6 payoff matrix starting from the upper-left corner. Rows are assigned to your decision alternatives (choices), while and columns are for the states of nature. Enter also your subjective probability of the occurrence for each states of nature, then click the either of Calculate buttons. Unoccupied rows and columns not included in the calculations but zeros are.
In entering your data to move from cell to cell in the data-matrix use the Tab key not arrow or enter keys.
States of Nature's Probabilities
For Technical Details, Back to:
Decision Analysis with Applications
Kindly email your comments to:
Professor Hossein Arsham
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