What is Maximin" strategy?

Maximin is a strategy where you pick the best of the worst options, like choosing the safest path when everything else feels uncertain.

Imagine you're playing a game with your friend. You both have to choose between three boxes: one has 1 candy, one has 5 candies, and one has 10 candies. But here's the catch: you don't know which box your friend will pick. If you want to make sure you get at least some candy, no matter what happens, you might pick the box with 5 candies. Why? Because even if your friend picks the biggest box, you still have a good chance of getting something decent.

That's Maximin in action: you're trying to guarantee the best possible result from the worst-case scenario.

Think about choosing a lunch spot at school. You like the pizza place, but sometimes it runs out of cheese. The sandwich shop is slower, but always has fresh bread. If you're unsure what will happen, like if the pizza might be gone, you might choose the sandwich shop just to make sure you get something good.

So Maximin isn't about being perfect, it's about feeling safe and secure, even when things aren’t certain. Maximin is a strategy where you pick the best of the worst options, like choosing the safest path when everything else feels uncertain.

Imagine you're playing a game with your friend. You both have to choose between three boxes: one has 1 candy, one has 5 candies, and one has 10 candies. But here's the catch: you don't know which box your friend will pick. If you want to make sure you get at least some candy, no matter what happens, you might pick the box with 5 candies. Why? Because even if your friend picks the biggest box, you still have a good chance of getting something decent.

That's Maximin in action: you're trying to guarantee the best possible result from the worst-case scenario.