Economics · Game Theory
In game theory, a minimax strategy aims to:
- 1Maximize the minimum potential gain
- 2Minimize the maximum potential loss (or worst possible outcome)✓
- 3Minimize the opponent's payoff, regardless of one's own payoff
- 4Maximize one's own payoff, regardless of the opponent's strategy
Correct answer
Minimize the maximum potential loss (or worst possible outcome)
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