maximin

Definitions


[ˈmaksɪmɪn], (Noun)

Definitions:
- the highest of a set of minimum values

- denoting a method or strategy in game theory that maximizes the smallest gain that can be relied on by a participant in a game or other situation of conflict


Phrases:

Origin:
1950s: blend of maximum and minimum, on the pattern of minimax
1950s: blend of maximum and minimum, on the pattern of minimax




definition by Oxford Dictionaries