payoff table
Definition
Decision analysis tool that summarizes pros and cons of a decision in a tabular form. It lists payoffs (negative or positive returns) associated with all possible combinations of alternative actions (under the decision maker's control) and external conditions (not under decision maker's control). Also called payoff matrix.
payoff table is in the Decision Making, Problem Solving, & Strategy subject.
payoff table appears in the definition of the following term: payoff matrix
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