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Question: 1. Explain in your own words why swing weights produce meaningful weights for evaluating alternatives.

2. A decision maker is assessing weights for two attributes using the swing-weight method. When he imagines swinging the attributes individually from worst to best, he concludes that his improvement in satisfaction from Attribute A is 70% of the improvement from swinging Attribute B. Calculate kA and kB.

3. Explain in your own words why the lottery method works to produce meaningful weights for evaluating alternatives.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92333274

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