👉 In mathematics, a minimax problem is an optimization problem where one seeks to minimize or maximize a function subject to constraints. Minimax problems are often used in game theory and economics to model situations where there may be multiple optimal solutions and one should choose the one that maximizes utility given certain constraints. For example, consider a game in which two players, A and B, have different strategies. Player A wants to maximize their expected utility (the average return per unit of effort) while player B wants