Maximizers advocate a maximin strategy.

Name: Maximizers advocate a maximin strategy.
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Question

Quizplus · Accepted Answer

Maximizers advocate a maximization strategy, which focuses on maximizing the potential outcome or benefits of a decision rather than minimizing the potential risks or losses. The maximin strategy, on the other hand, focuses on minimizing the potential risks or losses by selecting the option that has the highest minimum payoff.

Maximizers Advocate a Maximin Strategy