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Chapter 12






                          Overview






                             Decision trees                                    Bayes

                                                                              theorem






                                 Dealing with risk and uncertainty








                                                                       Payoff tables and
                Definitions            Probabilities

                                                                        decision criteria




                                            Expected                                            Minimax

               Risk      Uncertainty                          Maximax          Maximin
                                             values                                              regret




                                                                          Risk Appetite





















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