👉 In the context of game theory, "maximin" refers to a strategy that is optimal in terms of maximizing utility for a player or group. It can be thought of as a strategy that achieves the highest possible level of utility, taking into account all available resources and constraints. For example, if a player wants to maximize their utility by choosing the best action from a set of options, they may choose the one with the highest expected value (expected utility) for each option. In this case,