noun
- plural of maximin; strategies or outcomes that maximize the minimum possible gain or minimize the maximum possible loss
Usage: game theory; decision theory
Examples
- The economist compared different maximins to find the safest investment strategy.
- In game theory, players often choose maximins to avoid worst-case scenarios.
- The committee evaluated several maximins before making their decision.
- These maximins ensure that even the poorest outcome remains acceptable.
- Financial advisors recommend maximins for risk-averse investors.
- The study analyzed maximins across various market conditions.