noun
Meaning 1
A strategy or algorithm that seeks to maximize the maximum possible result (that is, that prefers the alternative with the chance of the best possible outcome, even if its expected outcome and its worst possible outcome are worse than other alternatives); often used attributively, as "maximax strategy", "maximax approach", and so on.
Definition source: English Wiktionary via Wiktextract
Usage: uncountable
Qualifier: decision theory
Topics: computer, computing, economics, engineering, mathematics, natural-sciences, physical-sciences, science, sciences
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided