minimax
Pronunciation: [ˈmɪnɪmæks]
Word
Context: "games"
(noun) the strategy of minimizing the possible loss for a worst-case scenario. In games, players use this tactic to make the best decision when facing an opponent, ensuring they lose the least amount possible.
Example
In chess, using the minimax strategy helped her choose the safest move to protect her queen.
Example
He didn't use minimax during the match and ended up losing both of his rooks very quickly.
Example
How can the minimax strategy help us decide what move to make next?
Context: "decision theory"
(noun) a decision rule used to minimize the maximum possible loss. It’s used in situations where people want to make a choice that avoids the worst outcomes.
Example
By applying the minimax strategy in his investment, he was able to limit his potential losses.
Example
Choosing to ignore minimax in risk assessment can lead to severe financial troubles.
Example
What factors should we consider when using minimax for decision making?
0s0s