Podcasts Other 5 Minutes Podcast with Ricardo Vargas Understanding Minimax Strategy in Project Decisions Under Uncertainty

Understanding Minimax Strategy in Project Decisions Under Uncertainty

Published: July 23, 2023, 11 p.m.

In this episode, Ricardo discusses the Minimax Strategy, highlighting its role in decision-making under uncertainty.

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Instead of focusing on the technical aspects of the algorithm, he explores its philosophical underpinnings. He underscores how this approach aids in prioritizing risks that could inflict the most significant loss on a project.

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This episode will provide great insights to those interested in strategic decision-making and understanding project risks better.

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Listen to the episode to know more.