by Paul D. Childs, Steven H. Ott, and Alexander J. Triantis

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The graph above shows the various policy valuations at time t₁ vs the outcome of the first project. The black curve is the value of doing nothing, the blue curve is the value of implementing project a only, the green curve is the value of developing project b only, and the red curve is the value of implementing project a and developing project b. The color coded bar along the bottom of the graph corresponds to the optimal intermediate policy for a given value outcome for project a at time t₁. The correlation coefficient (between the benefits of the two projects) changes from -1 to 1 as the animation progresses. All other parameters match those of Figure 2 from the paper.

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