What is minimax regret?

Example: You're offered a role at a startup that excites you, but it means leaving a stable job with a clear promotion path. Your spreadsheet of pros and cons is perfectly balanced. So you ask a different question: 'If I'm 80 and looking back, which choice would I regret not making?' The answer is immediate. You would never regret trying and failing. You would regret the safe path you took because you were afraid. The regret minimization framework doesn't resolve the uncertainty — it changes which uncertainty matters.

This concept is part of Decision Frameworks in the How to Think curriculum.