zero-sum game


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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.

zero-sum game

a situation in GAME

THEORY where game players compete for the given total pay-off, so that gains by one player are at the direct expense of the other player(s). For example, here two firms compete against each other in a mature market where total sales are not expanding, then each firm can increase its sales and market share only at the expense of its competitor.

References in periodicals archive ?
Like O Centro, Hobby Lobby did not concern a zero-sum game.
23:37] (8) It is his resistance to zero-sum game that leads him to the cross where God not only weeps with him, but also calls him to new life through the multiplying power of love.
It is rather comforting to know that the Nash equilibrium for a two-person zero-sum game corresponds to von Neumann's solution.
Internationalization of the euro will not be a zero-sum game, Trichet said.
They see this not as an equal-protection question but as a zero-sum game, one in which the gains of one group will come at their expense.
The economy becomes a zero-sum game in which no one gains unless it comes at the expense of another.
Crime victims and communities in general now pursue a piece, meal rights competition against offenders--a zero-sum game in which one group's well-being relies on the other's misery.
Dialogue is the solution and there is no zero-sum game in a vital issue like the Nile River water," he was quoted by Egypt's official news agency, MENA as saying.
The United States does not view Europe as a battleground between East and West, nor do we see the situation in Ukraine as a zero-sum game," Obama told the Dutch newspaper de Volkskrant in an interview published as he landed in Amsterdam.
We understand those concerns, but commercial development is not necessarily a zero-sum game, in which one new business takes parking and sales from an old one.