Figure 2
The figure contains a table on the left and a plot on the right. The table is positioned on the left and comprises 4 columns and 4 rows. From left to right, the column headers are as follows: Column1: No header; Column 2: “Investment hash”, Column 3: “I R R: W A C C Ratio”, and Column 4: “percent Selecting the Investment Over Not Investing”. The headers for the second through fourth rows are labeled from top to bottom as follows: “Matrix A”, “Matrix B”, and “Matrix C”. Rows 2 through 4 are each divided into 6 sub-rows. The entries in the table are as follows: Under “Matrix A”, the “Investment hash” column lists “1, 2, 3, 4, 5, 6” with corresponding “I R R: W A C C Ratio” values “1.43, 1.00, 0.59, 2.14, 1.50, 0.88”, and the “percent Selecting the Investment Over Not Investing” column lists “100 percent, 100 percent, 0.0 percent, 100 percent, 100 percent, 0.0 percent”. Under “Matrix B”, the “Investment hash” column lists “1, 2, 3, 4, 5, 6” with corresponding “I R R: W A C C Ratio” values “1.60, 2.00, 2.40, 0.40, 0.50, 0.60”, and the “percent Selecting the Investment Over Not Investing” column lists “100 percent, 100.0 percent, 100.0 percent, 0.0 percent, 0.0 percent, 0.0 percent”. Under “Matrix C”, the “Investment hash” column lists “1, 2, 3, 4, 5, 6” with corresponding “I R R: W A C C Ratio” values “1.14, 1.43, 1.71, 0.73, 0.91, 1.09”, and the “percent Selecting the Investment Over Not Investing” column lists “100 percent, 100 percent, 100.0 percent, 0.0 percent, 0.0 percent, 100 percent”. The line graph positioned on the right is titled “percent of Respondents Selecting the Investment Over Not Investing versus the I R R: W A C C Ratio, E U T Predicted”. The vertical axis label reads “Percent x 100” and ranges from 0 to 1 in increments of 0.2 units. The horizontal axis label reads “I R R: W A C C Ratio” and ranges from “0.00” to “3.00” in increments of 0.50 units. A dashed step-shaped line is plotted that runs along the bottom near “0” from the left side until it reaches approximately “I R R: W A C C Ratio” 1.00, then rises vertically to “1”, and continues horizontally near the top at “1” from about “1.00” through “3.00”. Note: All numerical values are approximated.Percent selecting the investment, EUT predicted. Source: Authors’ own work