Economics · Game Theory
A Maximin strategy:
- 1Involves a random choice between two strategies, one which maximizes potential gain and one which minimiz es potential los s
- 2Minimizes the maximum gain that can be earned
- 3Maximizes the gain of one player, but minimizes the gain of the opponent
- 4Maximizes the minimum gain that can be earned✓
Correct answer
Maximizes the minimum gain that can be earned
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Game Theory?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Game Theory