Economics Dictionary of ArgumentsHome
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| Maximin Rule - Economics Dictionary of Arguments | |||
| Maximin rule: The maximin rule is a decision-making rule that selects the alternative with the highest minimum payoff. It is a risk-averse rule, meaning that it is designed to minimize the possibility of a bad outcome._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Dictionary of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Rawls, John | Maximin Rule | Rawls, John | |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2026-10-14 | |||
