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minimax
(redirected from Maximin principle)

    Also found in: Encyclopedia, Wikipedia 0.01 sec.
min·i·max  (mn-mks)
adj.
Of or relating to the strategy in game theory that minimizes the maximum risk for a player.
[mini(mum) + max(imum).]
minimax [ˈmɪnɪˌmæks]
n
1. (Mathematics) Maths the lowest of a set of maximum values
2. (Mathematics & Measurements / Statistics) (in game theory, etc.) the procedure of choosing the strategy that least benefits the most advantaged member of a group Compare maximin
[from mini(mum) + max(imum)]
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198) Under conditions of uncertainty, probabilities cannot be assigned at all, and in such cases it is reasonable to follow the maximin principle (choose the option that has the least-bad worst outcome).
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