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Maximin
Translation of "maximin" into Russian
maximin
Noun
UK
/ˈmæksɪmɪn/
US
/ˈmæksɪmɪn/
maximin
maximins pl
In game theory, the maximin strategy is used to minimize the possible loss.
В теории игр стратегия максимина используется для минимизации возможных потерь.
Definitions
maximin
Noun
UK
/ˈmæksɪmɪn/
US
/ˈmæksɪmɪn/
The largest of a set of minimum possible gains, used in decision theory and game theory to determine the best strategy when faced with uncertainty.
In the game, the player used the maximin strategy to ensure the best worst-case scenario outcome.
A welfare or decision rule that maximizes the minimum utility or payoff among the possible outcomes or among individuals affected.
Rawls’s theory of justice employs a maximin to prioritize the least-advantaged members of society.
maximin
Adjective
UK
/ˈmæksɪmɪn/
US
/ˈmæksɪmɪn/
Relating to or based on the principle of choosing the option whose worst outcome is better than the worst outcomes of the alternatives.
The committee adopted a maximin approach to ensure the smallest departments were adequately funded.