Decision Analysis 4 Cost table Regret and EVPI

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THIS HELPED ME SO MUCH WITH THE CIMA EXAM! i have been so confused on how to use a pay off table for costs and this was so easy to understand!

pwincessyouni
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Hello, what if you computed all the 3 approach (optimist, conservative, minimax regret) and among all the results, you need to choose which is the best decision.
Example:
Optimist: d3 = 120
Conservative: d4 = 20
Minimax regret: d4 = 100


what could be the best decision?

joshaerikamascardo