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Maxmin

💡 Words with a Similar Meaning to "Maxmin"

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WordDefinition
minmaxnounAlternative form of minimax. [(decision theory, game theory) A decision rule used for minimizing the maximum possible loss, or maximizing the minimum gain.]
antimaximumnoun(mathematics) A maximum that has changed sign, caused by certain values of parameters.
maximumnounThe highest limit.
max-min fairnessnounThe fairness achieved by an allocation if and only if the allocation is feasible and an attempt to increase the allocation of any participant necessarily results in the decrease in the allocation of some other participant with an equal or smaller allocation.
extremumnoun(mathematics) A point, or value that is a maximum or a minimum.
maximizationnounThe act of raising something to its greatest value or extent.
expectiminimaxnounA form of minimax extended to incorporate probabilities.
global minimumnoun(mathematics) An element in a function's domain where the function assumes its lowest value.
maximaxnoun(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); often used attributively, as "maximax strategy", "maximax approach", and so on.
local maximumnoun(mathematics) A maximum within a restricted domain; a point on a function whose value is greater than the values of all other points near it, especially if another local maximum of greater value is known to exist.
minimalitynoun(uncountable) The state of being minimal
subminimumnoun(mathematics) A point or value below a minimum.
argmaxnoun(mathematics) The argument of the maximum: the set of points of a given argument for which a given function attains its maximum value.
minimizationnounThe act of lowering something to its smallest value or extent.
minimaxnoun(decision theory, game theory) A decision rule used for minimizing the maximum possible loss, or maximizing the minimum gain.
minimumnounThe smallest amount.
limit inferiornounThe infimum of the set of accumulation points of a given sequence or set.
minimalizationnounMinimization.
subminimizationnounReduction to a subminimal value
maximinnoun(decision theory, game theory) A rule to identify the worst outcome of each possible option to find one's best (maximum payoff) play.

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