Investment Choices The Motley Crew Investing Club wishes
Chapter 15, Problem 15.1.80(choose chapter or problem)
Investment Choices The Motley Crew Investing Club wishes to purchase stock in a pharmaceutical company. The choices are American Pharmacy (A), BurrowsWelcome (B), Chicago Labs (C), Dow Chemical (D), and Emerging Medicines (E). The choice rankings are shown in the following preference table. Before calculating the results of this election, the club learns that Chicago Labs has filed for bankruptcy. a) Using the pairwise comparison method, which company is chosen if Chicago Labs is included? b) Using the pairwise comparison method, which company is chosen if Chicago Labs is eliminated from the preference table? c) Does this second result violate the irrelevant alternatives criterion?
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