0.5 0.3 0.2 Consult_Clairvoyant Market 1 0 0 0 1 0 0 0 1 0.33333333 0.33333333 0.33333334 0.33333333 0.33333333 0.33333334 0.33333333 0.33333333 0.33333334 Consult_Clairvoyant Information Investment Market 1500 100 -1000 1000 200 -100 500 500 500 Figure 12.3: Investment decision tree with the perfect-information alternative (this influence diagram performs value of information computation equivalent to that of the decision tree in the figure).\nReference:\nRobert T. Clemen, Making Hard Decisions: An Introduction to Decision Analysis, Second Edition. Duxbury Press, 1996. Market Activity 242 62 318 109 Consult Clairvoyant 46 22 134 65 Information 162 25 261 62 Investment Decision 103 122 184 162 Payoff 242 124 318 160 Figure 12.3: Investment decision tree with the perfect-information alternative (this influence diagram performs value of information computation equivalent to that of the decision tree in the figure).\nRobert T. Clemen, Making Hard Decisions: An Introduction to Decision Analysis, Second Edition. Duxbury Press, 1996. 18 187 552 282 This is one way of modeling explicity the decision of whether to buy information. The node Information screens the information about the Market node from the investment decision when no information is bought. 333 20 575 172