Category:Definitions/Maximin Strategies

This category contains definitions related to Maximin Strategies.
Related results can be found in Category:Maximin Strategies.

Let $G$ be a two-person game between players $A$ and $B$.

A maximin strategy for $A$ is one in which:

$(1): \quad A$ assumes that $B$ will make that move which makes $A$'s payoff (or average payoff, in the case of a random element) as small as possible.

$(2): \quad A$ then makes the move which makes this smallest gain the largest possible.

Hence it is the strategy that will maximise $A$'s minimum payoff.