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Encyclopedia: Zero-sum
In game theory and economic theory, zero-sum describes a situation in which a participant's gain or loss is exactly balanced by the losses or gains of the other participant(s). It is so named because...
en.wikipedia.org/wiki/Zero-sum |
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Zero-sum games are a special case of constant-sum games, in which choices by players can...
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In a two-person zero-sum game, the payoff to one player is the negative of that going to the other. Although zero-sum games are not terribly interesting to economists, who typically study situations where there are gains to trade, most common parlor games such as poker and chess are zero sum: one player wins, one loses.
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Nov 12, 2009 Brief and Straightforward Guide: What is a Zero Sum Game?
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zero-sum game - definition of zero-sum game - Situation or interaction in which one participant's gains result only from another's equivalent losses. Search volume for zero-sum game...
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Chess, for example, is a zero-sum game: it is impossible for both players to win (or to lose). Monopoly (if it is not played with the intention of having just one winner) on the other hand, is a non-zero-sum game: all participants can win property from the "bank".
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DEFINITION: Zero-Sum game If we add up the wins and losses in a game, treating losses as negatives, and we find that the sum is zero for each set of strategies chosen, then the game is a "zero-sum game."
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Strategy and Conflict: An Introductory Sketch of Game Theory Zero-Sum Games Two-Person Nonconstant Sum Games...
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Zero-Sum Game - Definition of Zero-Sum Game on Investopedia - A situation in which one participant's gains result only from another participant's equivalent...
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Politics Not a zerosum game - Angry Electorate Receive a daily e-mail of Orble's most popular post August 31st 2009 10:17...
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