What is meant by zero-sum game?
What is meant by zero-sum game? Definition of zero-sum game : a situation in which one person or group can win something only by causing another person or group to lose it Dividing up the budget is a zero-sum game.
: a situation in which one person or group can win something only by causing another person or group to lose it Dividing up the budget is a zero-sum game.
What is a zero-sum game example?
Poker and gambling are popular examples of zero-sum games since the sum of the amounts won by some players equals the combined losses of the others. Games like chess and tennis, where there is one winner and one loser, are also zero-sum games.
What is a zero-sum approach?
In economics, a situation is zero-sum if the gains of one party are exactly balanced by the losses of another and no net gain or loss is created.
What’s the opposite of a zero-sum game?
Positive Sum Vs.
The opposite of a positive sum game is a zero sum game – a game where someone else has to lose for you to win. A winner-take-all poker game is an example of a zero sum game.
