With the ________ criterion each player seeks to minimize maximum possible losses.
A) minimax
B) maximax
C) minimin
D) maximin

Question

Quizplus · Accepted Answer

The minimax criterion is commonly used in game theory and decision making, where each player seeks to minimize the maximum possible losses. This approach assumes that the opponent is rational and will choose the best strategy possible, so the goal is to choose a strategy that minimizes the potential damage or loss that could occur, even in the worst-case scenario.

With the ________ Criterion Each Player Seeks to Minimize Maximum