0.17 0.5 0.33 Accept2B Texaco_Reaction Pennzoil_Reaction Law_Firm_Choice 0.3 0.6 0.1 0.2 0.5 0.3 Accept2B Texaco_Reaction Pennzoil_Reaction Law_Firm_Choice Court_Decision 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 5 5 5 5 5 5 5 5 5 5 5 5 10.3 5 0 10.3 5 0 10.3 5 0 10.3 5 0 10.3 5 0 10.3 5 0 3 3 3 3 3 3 Figure 4.29: Decision tree comparing two law firms (actually, this is an influence diagram equivalent to the tree in the figure). Firm C has a better chance of winning a damage award in court than does Firm D.\nReference:\nRobert T. Clemen, Making Hard Decisions: An Introduction to Decision Analysis, Second Edition. Duxbury Press, 1996. Accept $2 Billion? 33 15 100 59 Texaco Reaction 258 15 353 63 Pennzoil Reaction 112 84 185 123 Law Firm Choice 215 182 299 221 Final Court Decision 257 108 355 161 Settlement Amount 417 84 528 124 Figure 4.29: Decision tree comparing two law firms (actually, this is an influence diagram equivalent to the tree in the figure). Firm C has a better chance of winning a damage award in court than does Firm D.\nRobert T. Clemen, Making Hard Decisions: An Introduction to Decision Analysis, Second Edition. Duxbury Press, 1996. 30 235 485 349