mini-maxi regret

mini-maxi regret

[¦min·ē ¦mak·sē ri′gret]
(control systems)
In decision theory, a criterion which selects that strategy which has the smallest maximum difference between its payoff and that of the best hindsight choice.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.