This note demonstrates that two minimal requirements of decision tree analysis, the folding back procedure and the interchangeability of consecutive event nodes, imply independence

decision analysis, dynamic choice
hdl.handle.net/1765/23123
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Management Science
Erasmus Research Institute of Management

Sarin, R.K, & Wakker, P.P. (1994). Folding Back in Decision Tree Analysis. Management Science, 40(5), 625–628. Retrieved from http://hdl.handle.net/1765/23123