Minimax vs Maximax - What's the difference?
minimax | maximax | see also |
In decision theory, game theory, etc. a decision rule used for minimizing the maximum possible loss, or maximizing the minimum gain.
To find the optimum play, or decision, to achieve minimizing the maximum loss.
(economics, computer science, decision theory) A strategy or algorithm that seeks to maximize the maximum possible result (that is, that prefers the alternative with the chance of the best possible outcome, even if its expected outcome and its worst possible outcome are worse than other alternatives);
* 2009 , Harold Kerzner, Project Management: A Systems Approach to Planning, Scheduling, and Controlling , Tenth Edition, John Wiley and Sons, ISBN 978-0-470-27870-3,
As nouns the difference between minimax and maximax
is that minimax is in decision theory, game theory, etc. a decision rule used for minimizing the maximum possible loss, or maximizing the minimum gain while maximax is a strategy or algorithm that seeks to maximize the maximum possible result (that is, that prefers the alternative with the chance of the best possible outcome, even if its expected outcome and its worst possible outcome are worse than other alternatives); often used attributively, as "maximax strategy", "maximax approach", and so on.As a verb minimax
is to find the optimum play, or decision, to achieve minimizing the maximum loss.minimax
English
(wikipedia minimax)Noun
(es)Verb
See also
* maximinAnagrams
* English oxymoronsmaximax
English
Noun
(-)page 749:
- The first criterion is the criterion, often referred to the maximax criterion. the decision-maker is always optimistic and attempts to maximize profits by a go-for-broke strategy.
