maximin Quick reference
A Dictionary of Economics (5 ed.)
...maximin 1. The maximin principle is a theory of distributive justice proposed by John Rawls ( 1921–2002 ). The principle states that the social objective should be the maximization of the utility of the worst-off person (the person with the minimum utility). This objective is represented by the maximin, or Rawlsian, social welfare function W = min{ U h }. 2. In decision theory and game theory, maximin is the objective of maximizing the minimum gain. The maximin strategy represents a conservative play of a game and need not be a Nash equilibrium ...
maximin Quick reference
A Concise Oxford Dictionary of Politics and International Relations (4 ed.)
... In game theory, the strategy of maximizing one’s own pay‐off on the minimum (i.e. worst) assumption about the other player(s)’ strategy. Thus for example in two‐person Chicken (see the pay‐off matrix in that entry), my maximin strategy is ‘Swerve’. If I ‘Swerve’ I cannot get less than c , whereas if I ‘Keep going’ I may get d . The idea has also been used in political philosophy. John Rawls ( 1921–2002 ), in A Theory of Justice ( 1971 ), argues that if people were placed behind a veil of ignorance , so that they were asked to make rules of...
maximin n. Quick reference
A Dictionary of Psychology (4 ed.)
... n. In decision theory and game theory, an alternative or strategy ( 2 ) that ensures the best of the worst possible payoffs, thereby max imizing the min imum possible payoff. Thus if there are three available alternatives, and if the worst that can happen is a small loss if the first alternative is chosen, a medium loss if the second alternative is chosen, and a large loss if the third alternative is chosen, then the first alternative is the maximin alternative irrespective of what other payoffs are possible. See also Ellsberg paradox , minimax...
Maximin Quick reference
Raymond Peter Davis
Who's Who in the Classical World
... ( Gaius Galerius Valerius Maximinus ), originally named Daia, born in Illyricum c. ad 270 , son of a sister of Galerius , was rapidly promoted in the army, and made Caesar when Galerius became Augustus ( 305 ). Charged with governing Syria and Egypt, he was resentful that Galerius made Licinius Augustus ( 308 ). Spurning the title filius Augustorum (‘son of the Augusti’), he had his troops proclaim him Augustus; Galerius recognized this ( 309/10 ). On Galerius' death ( 311 ), as senior Augustus he seized Asia Minor while Licinius occupied...
Maximin, Daniel (1947– ) Reference library
Kathleen Gyssels
Dictionary of Caribbean and Afro–Latin American Biography
...Daniel Maximin.” Callaloo 17, no. 2 (Spring 1994): 627–642. Britton, Celia . “Community, Nature and Solitude in Daniel Maximin’s L’île et une nuit .” In The Sense of Community in French Caribbean Fiction . Liverpool, U.K.: Liverpool University Press, 2008. Chaulet-Achour, Christiane . La trilogie caribéenne de Daniel Maximin: Analyse et contrepoint . Paris: Karthala, 2000. Dumontet, Danielle . “Antillean Authors and Their Models: Daniel Maximin and Raphaël Confiant.” Callaloo 15, no. 1 (Winter 1992): 104–119. Erickson, John . “Maximin’s L’Isolé...
maximin approach Reference library
Australian Law Dictionary (3 ed.)
...maximin approach ( game theory ) A strategy that avoids worst-case outcomes, even at the cost of foregoing the possibility of achieving the most favourable of all possible outcomes; maximising the smallest gain that a participant in a game or situation of conflict can guarantee himself or herself ( see also veil of ignorance ; cf minimax )....
maximin principle Quick reference
A Dictionary of Philosophy (3 ed.)
... principle A principle of decision theory , that counsels that at least in some circumstance, the right decision is that which maximizes the minimum outcome: i.e., that which makes the worst outcome as good as can be. The principle is often described as risk-aversive. It is a key component in the influential work A Theory of Justice ( 1971 ) by Rawls . See also difference principle...
Maximin, Daniel (b. 1947) Reference library
The New Oxford Companion to Literature in French
..., Daniel ( b. 1947 ). Writer and teacher from Guadeloupe , closely associated for many years with the journal Présence africaine , a sensitive critic steeped in the developing traditions of black literature in French. L'Isolé Soleil ( 1981 ) is a densely allusive novel, setting up textual exchanges (notebooks and diaries, fragments of song and story) to mimic the historical interpenetration of ‘nos quatre races, nos sept langues, nos douzaines de sangs’ and to reflect on the meaning of Caribbean experience. Soufrières ( 1987 ) also creates both...
maximin and minimax Reference library
Roger Crisp
The Oxford Companion to Philosophy (2 ed.)
... and minimax . Game-and decision-theoretical strategies which require one to make one's worst possible outcome as good as possible (that is, to maximize the minimum). Maximin grounds Rawls's ‘ difference principle ’, that political institutions should make the position of the worst-off group as good as possible. ‘Minimax’ is occasionally used as a synonym for ‘maximin’. Used more precisely, it refers to maximin in zero-sum games, where the gain to one equals the loss to another. Maximin rationality is criticized for its extreme risk-aversion, and maximin...
maximin
Maximin
Daniel Maximin
maximin principle
maximin and minimax
Dambury, Gerty Reference library
Micheline Rice-Maximin
The Oxford Encyclopedia of Theatre and Performance
... realistic , and she constantly redefines her style. Contemporary women's issues in the Caribbean are her main concern. Her plays have proved popular and culturally important, partly because they represent the history of violence and joy of the Caribbean people. Micheline Rice-...
Schwarz-Bart, Simone Reference library
Micheline Rice-Maximin
The Oxford Encyclopedia of Theatre and Performance
...silences, ancestral rituals , and voodoo set up Wilnor's spiritual evolution to a liberated Christ figure who grows to understand his wife's infidelity. This precise and poetic text has been performed at the Limoges Festival , in New York , and elsewhere. Micheline Rice-...
