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New American Oxford Dictionary

maximin

max i min |ˈmaksəˌmin, -sē -ˈmæksimɪn | ▶noun Mathematics the largest of a series of minima. Compare with minimax. • [ as modifier ] 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. ORIGIN 1950s: blend of maximum and minimum, on the pattern of minimax .

 

Oxford Dictionary

maximin

maximin |ˈmaksɪmɪn | ▶noun Mathematics the highest of a set of minimum values. Compare with minimax. • [ as modifier ] 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. ORIGIN 1950s: blend of maximum and minimum, on the pattern of minimax .

 

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