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Zero-Sum Game
(redirected from zero-sum)

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.01 sec.
Zero-sum game
A type of game wherein one player can gain only at the expense of another player.

Zero-Sum Game
A situation where the gain of one person equates to the loss of another person. That is, for every dollar one person makes in a zero sum transaction, another person loses a dollar. Not every transaction is a zero sum game; stock trading is not because some trades are mutually beneficial to the buyer and the seller. Options and commodity markets, however, are zero sum games because wealth cannot be created from these transactions, only shifted. See also: Wealth creation.

zero-sum game
A situation in which one person's gain must be matched by another person's loss. Without considering taxes and transaction costs, many types of investing, such as options and futures, are examples of zero-sum games.


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The text begins with a brief essay on the nature of economics and how economics is now at a crossroads due to the global financial crisis, followed by the A-Z, cross-referenced entries covering everything from absolute advantage to zero-sum game.
It's not a zero-sum game, said Gottheil; sales of Windows netbooks don't necessarily prevent Apple from selling something priced less than the current lowest-priced MacBook.
Addressing concerns Hong Kong would lag Shanghai in financial development, Tsang said the two cities should work together, adding: "The competition between Hong Kong and Shanghai is not a zero-sum game.
 
 
 
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