The maximin principle is concerned with the welfare of middle-class households in society.

Name: The maximin principle is concerned with the welfare of middle-class households in society.
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The maximin principle is actually a concept in decision theory and game theory that aims to maximize the minimum possible outcome or payoff in a given situation. It is not specifically focused on the welfare of middle-class households but rather on finding the best possible outcome for all players involved.

The Maximin Principle Is Concerned with the Welfare of Middle-Class