In his discussion of minimax decision rules, Savage (1954, p. 170)presents an example purporting to show the inadequacy of a minimaxnegative expected utility rule (referred to by Savage as 'negativeincome') as a decision criterion for statistics and suggests theapplication of a minimax regret...

In his discussion of minimax decision rules, Savage (1954, p. 170) presents an example purporting to show that minimax applied to negative expected utility (referred to by Savage as 'negative income') is an inadequate decision criterion for statistics; he suggests the application of a minimax...