A decision-maker using the maximin decision criterion will:
(a) Assume that uncertainty can be ignored and will select the option with the highest expected value;
(b) Assume that he/she will regret not having selected another option and will therefore minimize the possible regret under this assumption;
(c) Assume that the worst outcome will occur and will select the option that will give the highest return from the worst outcome possible under each option;
(d) Assume that the best outcome will occur and will select the option that will give the highest return from the best outcome possible under each option.