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maximin

American  
[mak-suh-min] / ˈmæk sə mɪn /

noun

  1. a strategy of game theory employed to maximize a player's minimum possible gain.

maximin British  
/ ˈmæksɪˌmɪn /

noun

  1. maths the highest of a set of minimum values

  2. (in game theory, etc) the procedure of choosing the strategy that most benefits the least advantaged member of a group Compare minimax

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of maximin

First recorded in 1950–55; maxi(mum) + min(imum)

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.