Minimax

Minimax (sometimes minmax) is a decision rule used in decision theory, game theory, statistics and philosophy for minimizing the possible loss for a worst case (maximum loss) scenario. Alternatively, it can be thought of as maximizing the minimum gain (maximin). Originally formulated for two-player zero-sum game theory, covering both the cases where players take alternate moves and those where they make simultaneous moves, it has also been extended to more complex games and to general decision making in the presence of uncertainty.

Read more about Minimax:  Game Theory, Combinatorial Game Theory, Maximin in Philosophy

Other articles related to "minimax":

Local Independence Of Irrelevant Alternatives - Voting Theory - Examples - Minimax
... This example shows that the Minimax method violates the Independence of irrelevant alternatives criterion ... A > B Since all preferences are strict rankings (no equals are present), all three Minimax methods (winning votes, margins and pairwise opposite) elect the same winners ... Thus, A is elected Minimax winner ...
Minimax (disambiguation)
... Minimax is a strategy in decision theory and related disciplines ... Minimax, minmax, or min-max can also refer to Minimax (TV channel), a European children's TV channel Minimax (Spanish TV channel), Spanish TV channel Minimax (re-branded Macro), a Romanian Discount store ...
Minimax (TV Channel)
... Minimax is a Central European cartoon channel which has been broadcast in Hungary since 1999 Romania since 2001 Czech Republic and Slovakia since 2003 and ... Former TV channels which timeshared with Minimax includes MusicMax (music videos, now MusicMix), Game One (video games), later iTV (video games), and m+ (entertainment ... The main policy goals of Minimax are edutainment, non-violence, brand new shows and local classics ...
Sion's Minimax Theorem
... In mathematics, and in particular game theory, Sion's minimax theorem is a generalization of John von Neumann's minimax theorem ...