In game theory, a player following a maximum strategy
A)picks the strategy with the best of all the worst possible outcomes.
B)picks the strategy with the highest payoff from all the options.
C)is indifferent to all strategies so a strategy is picked randomly.
D)is altruistic and picks a strategy that maximizes the other players' outcome.

Question

Quizplus · Accepted Answer

A maximum strategy, often associated with the maximin strategy in game theory, involves a player choosing the option that has the best (maximum) outcome among the worst (minimum) possible outcomes for each strategy. This approach is typically used in games of incomplete information or where players prepare for the worst-case scenario.

In Game Theory, a Player Following a Maximum Strategy