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GE 450 FA16 Homework 3 - Solutions
1. Solve Exercise 5.5 from the textbook.
Solution: The decision tree is shown below.
The expected value of 3m dam:
43
2
(45600) +
(15600) = 44266.67
45
45
The expected value of 4.5m dam:
32
13
(48600) +

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GE 450 FA16 Homework 2
Due on: Tuesday, 9/27/2016
(Please attach this sheet to the front of your solution, with a legible name and netID.)
Rocket
HW
SC
PK
Rocket
HA1
HA2
HA3
HA4
Table 1: Attributes of rocket alternatives
Speed (kph)
No. of Pa

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GE 450 FA16 Homework 4 - Solutions
1. Consider the following 2-player zero-sum game between Alice and Bob. Each player hides
either $1 or $2 and then, at the same time, they guess the amount of money the other
player has hidden. If exactly on

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GE 450 FA16 Homework 4
Due on: Tuesday, 11/01/2016
(Please attach this sheet to the front of your solution, with a legible name and netID.)
1. Consider the following 2-player zero-sum game between Alice and Bob. Each player hides
either $1 or

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GE 450 FA16 Homework 1
Due on: Thursday, 9/8/2016
(Please attach this sheet to the front of your solution, with a legible name and netID.)
1. Consider Boeings selection of new headquarters (cf. Inside Boeings Big Move). Explain
this decision

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GE 450 FA16 Homework 5
Due on: Thursday, 12/01/2016
(Please attach this sheet to the front of your solution, with a legible name and netID.)
1. Solve Exercise 7.11 from the textbook.
2. Conduct the following Experiment on the value of obtaine

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GE 450 FA16 Homework 1 - Solutions
1. Consider Boeings selection of new headquarters (cf. Inside Boeings Big Move). Explain
this decision situation in terms of the three decision-making perspectives.
2. Solve Exercise 2.9 from the textbook
3.

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GE 450 FA16 Homework 3
Due on: Tuesday, 10/18/2016
(Please attach this sheet to the front of your solution, with a legible name and netID.)
1. Solve Exercise 5.5 from the textbook.
2. Solve Exercise 5.9 from the textbook.
3. Solve Exercise 5.

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GE 450 FA16 Homework 2
Due on: Tuesday, 9/27/2016
(Please attach this sheet to the front of your solution, with a legible name and netID.)
Rocket
HW
SC
PK
Rocket
HA1
HA2
HA3
HA4
Table 1: Attributes of rocket alternatives
Speed (kph)
No. of Pa