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Oil Wildcatter Simplified

An influence diagram with decisions of whether to do seismic tests for oil, and whether to drill for oil, in order to maximize profits. Same as Oil_Wildcatter, but with some nodes absorbed ('summed out'). In wide usage, but originally from Raiffa68.

Paper link: <www.norsys.com...>

Norsys Software Corp
Netica .dne format
Industry