A maximin strategy:
A) maximizes the minimum gain that can be earned.
B) maximizes the gain of one player, but minimizes the gain of the opponent.
C) minimizes the maximum gain that can be earned.
D) involves a random choice between two strategies, one which maximizes potential gain and one which minimizes potential loss.

Question

Quizplus · Accepted Answer

A maximin strategy maximizes the minimum gain that can be earned, which is typically a safer and more conservative approach. This ensures that even in the worst-case scenario, the player still walks away with a decent gain.

A Maximin Strategy