1. a strategy in decision theory that maximizes the minimum possible outcome
Usage: game theory; economics

1. relating to or using a maximin strategy
Usage: game theory; economics

Examples

• The investor chose a maximin approach to minimize potential losses.
• In game theory, the maximin strategy ensures the best worst-case scenario.
• The maximin criterion helped the company make conservative decisions.
• She applied maximin reasoning when choosing her retirement portfolio.
• The maximin solution guaranteed at least some positive return.
• Economic planners often use maximin strategies during uncertain times.