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Decision rule Calculate the average benefit for each action C(1)=pc(1,1)+(1-p)c(1,2) C(2)=pc(2,1)+(1p)c(2,2) Choose the action with bigger benefit as the strategy If c(1)>c(2)then a(1) is chosen Otherwise, a(2)is chosen.Decision Rule C(1) = p c(1,1) + (1-p) c(1,2) C(2) = p c(2,1) + (1-p) c(2,2) Calculate the average benefit for each action: Choose the action with bigger benefit as the strategy: If C(1) > C(2) then a(1) is chosen; Otherwise, a(2) is chosen
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