Max Payne 3 runs better on highest than IV on high. RAGE 3.x seems to be working well on PCs.
Max Payne 3 was well optimized in terms of performance but you can't compare it to an open world game. Max Payne 3 is not generating an entire city with a countryside, vehicle and pedestrian traffic that hog resources. All the engine is asked to generate is enemies in a highly detailed closed environment.