Sentences with MAXIMINS
Check out our example sentences below to help you understand the context.Sentences
1
"The company implemented a maximins strategy to ensure that employees received a minimum salary and maximum benefits."
2
"The maximins approach to healthcare focuses on providing the maximum possible benefits for individuals while minimizing costs."
3
"The maximins principle is often applied in game theory to determine the best strategy for minimizing potential losses."
4
"The government's maximins policy aims to provide the maximum level of assistance to the most vulnerable members of society."
5
"The maximins decision rule suggests selecting the alternative that offers the highest possible minimum outcome."
6
"In finance, maximins analysis helps investors evaluate the worst-case scenario and make decisions accordingly."
7
"The maximins concept in economics refers to maximizing the minimum payoff for the participants."
8
"By using a maximins approach, the negotiation team ensured that their clients would receive the best possible outcome."
9
"The maximins principle can be applied in environmental policy to prioritize actions that prevent the worst possible outcomes."
10
"The maximins strategy for risk management focuses on minimizing potential losses while maximizing potential gains."
1
"The concept of maximins was introduced by John von Neumann and Oskar Morgenstern in their book 'Theory of Games and Economic Behavior.'"
2
"To calculate maximins, decision-makers construct a payoff matrix or decision tree."
3
"By focusing on worst-case outcomes, maximins help decision-makers avoid excessive risk."
4
"Some critics argue that maximins may be too conservative and fail to consider the potential upside of alternatives."
5
"Decision-makers may choose to use maximins as a precautionary measure."
6
"In real-life decision-making, maximins can help individuals make choices that minimize potential negative outcomes."
1
"Some critics argue that maximins are too conservative in decision-making."
