To reiterate, the rescue mission option did not possess the highest expected value. The highest expected value was the option that offered the lower variance in outcome value as well as the higher probability of suc- cess. This option was the one that pursued economic and political sanc- tions as well as negotiations. This strategy did bring about the eventual release of the hostages.104
Key Insights Prospect and Drama Connected
0Balance Gain/Losses respect reference point
Effect of factors on Decision