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 ?
If Nawaz and Zardari continue to proceed on the assumption that politics in Pakistan is a zero-sum game, all Pakistanis will lose," she concludes.
But he charges them, falsely, with assuming that "we are faced with a zero-sum game.
Indeed, one reason for the relentless innovation of the modern economy is precisely that companies want to escape Greider's hyper-competitive, zero-sum world.
Pop internationalism holds, for example, that countries face off, just as companies do, in a zero-sum struggle for dominance in the world marketplace, whereas most academics believe trade generally benefits all countries that engage in it.
We don't realize that the consequences we have reaped are the direct result of this zero-sum game, in which the loudest and crudest dominate.
Marcuse's premise, which separated his political philosophy fundamentally from First Amendment jurisprudence, was that liberty, in the current stage of historical and social development, is a zero-sum game: "The exercise of civil rights by those who don't have them presupposes the withdrawal of civil rights from those who prevent their exercise.
He charges that "conventional economists [regard] the struggle for prosperity as a zero-sum game," that "traditional economics has always treated technology as a constant," and that while "an Alchemist creates wealth, an economist merely moves it around.
Pink Sheets:TTMG) officially launches its new metal label Zero-Sum Recordings.
Making protectionism even worse is that the policy-induced transfer of wealth from American consumers to American producers is not a zero-sum game, where producer gains equal consumer losses.
Capital and labor were separated by a fault line of unresolvable, zero-sum conflict: Management knew it was being cheated but couldn't prove it, while workers knew that management was trying to cheat them.
Wealth is not a zero-sum game with a fixed amount of assets to be fought over; there are infinite possibilities for its creation.