Simple decision problems: A graphical solution |
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Authors: | R Flavell |
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Affiliation: | Imperial College, London UK |
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Abstract: | The decision problem in which a choice has to be made between two projects, either or both of which may have uncertain outcomes, is shown to reduce to an interpretation of a single graph. Two example problems are considered and their graphs constructed. The technique is finally extended to allow the comparison of any number of projects. |
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