maximin

Examples

• All

• In particular, participants made more choices consistent with a compensatory choice rule and fewer maximin choices when using min-max, as opposed to midpoint-variability tables.

  Academic text (2005)

• By looking for the point where maximin = minimax, each player wants to make himself invulnerable against the other's choice.

  Academic text (1998)

• Therefore, graph style should not affect the proportion of maximin choices.

  Academic text (2005)

• With either type of graph, decision makers can easily identify the maximin choices by simply scanning the four alternatives.

  Academic text (2005)

• Another possibility is a maximin decision rule, which entails selecting the option with the best minimum potential outcome.

  Academic text (2005)

• Each player is assumed to act so as to guarantee for himself through unilateral action the best of the worst that could happen to him (i.e., play "maximin," maximizing the minimum).

  Academic text (1998)

• Min-max graphs and min-max tables both explicitly present all the information needed to use the maximin or compensatory choice rules; therefore, the proportion of choices consistent with those rules did not differ across formats.

  Academic text (2005)

• It requires fewer mental calculations to make maximin than compensatory choices when given midpoint-variability tables; hence, participants given midpoint-variability tables tended to make a higher proportion of maximin and a lower proportion of compensatory choices.

  Academic text (2005)

• A maximin strategy would choose the option that guarantees the highest minimum outcome for everyone involved.

• In her analysis, she recommended a maximin approach to ensure that the least advantaged individuals benefit the most.

Antonyms

M

minimax

• Specialized

1 8.1

A plan that tries to reduce the worst possible loss

How Risk-Averse

maximin

• Specialized

9.9

laddering

• Specialized

7.8

Surface Forms

Morphology

Etymology