Busıness Decısıon Models Deneme Sınavı Sorusu #1390493

What is "expected regret" in decision making?

Comparing alternatives

Expected Monetary Value (EMV)

Expected Value (EV)

Decision’s consequences

Expected opportunity loss (EOL)

Yanıt Açıklaması:

In decision making, instead of expected monetary value (EMV), it can also be used the expected opportunity loss (EOL) criterion, which is another approach based on a decision will be taken, also known as expected regret.

PAYLAŞ:

SORUNUN CEVABI: E

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