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Zero-sum game is a mathematical representation in game theory and economic theory of a situation that involves two sides, where the result is an advantage for one side and an equivalent loss for the other. [1] In other words, player one's gain is equivalent to player two's loss, with the result that the net improvement in benefit of the game is ...
Learn the meaning of zero-sum, a term used in game theory and economics to describe a situation where one side's gain is another side's loss. See examples, word history, and related entries.
Aug 16, 2022 · A zero-sum game is a situation where one person's gain is another's loss, and the net change is zero. Learn how zero-sum games apply to financial markets, game theory, and real-life scenarios with examples and sources.
- Will Kenton
- 1 min
Zero-sum is an adjective that describes a situation where one person's gain is another's loss. Learn more about the meaning, usage and examples of zero-sum in different contexts, such as business, politics and language.
A zero-sum game is a situation where one person's gain is another's loss, like a pizza or a race. Learn how to recognize and apply this concept in various contexts, such as chess, poker, stock trading, and resource distribution.
Oct 13, 2022 · A zero-sum game is a situation where one party's gain is exactly balanced by the other party's loss. Learn how to identify and analyze zero-sum games in business, politics, and other domains with MasterClass.
May 18, 2021 · A zero-sum game is a situation in which one person or group can win something only by causing another person or group to lose it. Learn more about this term, see examples of its usage, and explore related words and games on Merriam-Webster.com.
