Cognitive Scaffold

Preparing your thinking workspace

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MENTAL MODEL · M9144

Maximin

Maximin
DecideHigh supportDecision Science
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Version 1.0.0 · Updated 2026-07-30

CORE DEFINITION

Maximin: the minimum value among the worst-case scenarios of each option. Maximax: choose the option with the largest minimum value.

SCAFFOLDING EFFECT

psychology

Reduce cognitive load

Conservative decision-making strategy. In uncertain environments, choose the option that guarantees the lowest return, suitable for risk-averse individuals.

anchor

Anchor fast decisions

Wald's maximin criterion: under uncertainty, first estimate the worst outcome for each option, then choose the one with the best worst outcome. It is a conservative decision under extreme risk aversion.

MINIMUM ACTION

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Source support: Explicit

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