
Three decision makers have assessed utilities for the problem whose payoff table appears below. State of Nature
Decision s1 s2 s3
D1 500 100 -400
D2 200 150 100
D3 -100 200 300
Probability 0.2 0.6 0.2
Indifference Probability for Person
Payoff A B C
300 0.95 0.68 0.45
200 0.94 0.64 0.32
150 0.91 0.62 0.28
100 0.89 0.6 0.22
-100 0.75 0.45 0.1
Characterize each decision maker's attitude toward risk
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