maximax (English, noun)
expansion: maximax (uncountable)
Senses:
topics: computer
computing
economics
engineering
mathematics
natural-sciences
physical-sciences
science
sciences
qualifier: decision theory
glosses: 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.
tags: uncountable
Forms: