(in game theory, etc) the procedure of choosing the strategy that most benefits the least advantaged member of a group
Compare minimax
Word origin
C20: from maxi(mum) + min(imum)
Examples of 'maximin' in a sentence
maximin
Games and problems of constructing maximin structures on digraphs are investigated.
V. Ungureanu 1999, 'Games on digraphs and constructing maximin structures', Computer Science Journal of Moldovahttp://www.math.md/nrofdownloads.php?file=/files/csjm/v6-n3/v6-n3-(pp313-337).pdf. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
The relations between the three principles and other moral ideals, namely maximin and utilitarianism, are also analysed.
Giorgos Galanis, Roberto Veneziani 2017, 'Equality of when?', Œconomiahttp://journals.openedition.org/oeconomia/2563. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
For other cost scenarios, the maximin parallel or extended parallel design can also become most efficient.
Math J. J. M. Candel 2018, 'Maximin Efficiencies under Treatment-Dependent Costs and Outcome Variances for Parallel,AA/BB, and AB/BA Designs', Computational and Mathematical Methods in Medicinehttp://dx.doi.org/10.1155/2018/8025827. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)