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Decision Analysis

Evaluate decisions under risk and uncertainty: EMV, EVPI, and the Maximax, Maximin, Hurwicz, Laplace, and Minimax-Regret criteria.

Payoff Matrix (rows = decisions, columns = states)

State 1State 2
Alt 1
Alt 2
Alt 3
Prob.
CSV: payoff matrix with row labels; last data row can be Prob.; meta rows for alpha/maximize/useProbabilities. After Solve, also Export results CSV.