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We found 2 dictionaries that define the word wald's maximin model:

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  1. Wald's maximin model, Wald's maximin model: Wikipedia, the Free Encyclopedia

Definitions from Wikipedia (Wald's maximin model)

noun:  In decision theory and game theory, Wald's maximin model is a non-probabilistic decision-making model according to which decisions are ranked on the basis of their worst-case outcomes – the optimal decision is one with the least bad worst outcome.


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