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The objectives of this video include learning how to apply mathematical approaches when This video from Commerce Specialist explains the concept of Maximax, Maximin, and Minimax Regret. Explanation is given on ... In this lecture following topics are discussed: + 0:00 Intro to types of This is the 8th video in the series of 11 covering section C - Prof. Giedrius Jucevičius has an extensive international experience as he has been conducting scientific and academic activities ...
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Decision Analysis 1: Maximax, Maximin, Minimax Regret
Decision-making Under Uncertainty - Payoff Tables
Maximax | Minimax | Minimax Regret | Payoff Tables | Decision Making | Risk | Commerce Specialist |
![Payoff tables + Risk Preference + Maximax, Maximin & Minimax Regret [Eng]](https://ytimg.googleusercontent.com/vi/szy7nfiXYtY/mqdefault.jpg)
Payoff tables + Risk Preference + Maximax, Maximin & Minimax Regret [Eng]
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Last Updated: May 26, 2026
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![Payoff tables + Risk Preference + Maximax, Maximin & Minimax Regret [Eng]](https://i0.wp.com/ytimg.googleusercontent.com/vi/szy7nfiXYtY/mqdefault.jpg?resize=320,180)
![Maximin , Maximax , Minimin , Laplace. Decision making under uncertainty [Lec 2]](https://i0.wp.com/ytimg.googleusercontent.com/vi/ni5lRdP9ZBA/mqdefault.jpg?resize=320,180)
