What is a zero-sum game?
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If I get a point, then someone else must lose a point. It’s impossible to get +1 unless someone, somewhere is given a -1.
My +1 and their -1 sum to 0; hence, “zero sum”.
If I get a point, then someone else must lose a point. It’s impossible to get +1 unless someone, somewhere is given a -1.
My +1 and their -1 sum to 0; hence, “zero sum”.
Asking particularly to people more knowledgeable than me in the fields of Economics and Game Theory, how can we be sure that non-zero sum games exist only if defined in a smaller scope of domain, without taking into account other observables that haven’t been factored in yet / are outside of the model lifespan or are not existent in how the model has been formulated? I often read that “wealth is infinite” but how can it be so with a finite amount of physical resources and a finite amount of energy to transform those resources?
Asking particularly to people more knowledgeable than me in the fields of Economics and Game Theory, how can we be sure that non-zero sum games exist only if defined in a smaller scope of domain, without taking into account other observables that haven’t been factored in yet / are outside of the model lifespan or are not existent in how the model has been formulated? I often read that “wealth is infinite” but how can it be so with a finite amount of physical resources and a finite amount of energy to transform those resources?
A couple of friends put in money and buy a pizza.
There’s not enough pizza, so they only have like half as much as they want.
How do you divide up the pizza?
A couple of friends put in money and buy a pizza.
There’s not enough pizza, so they only have like half as much as they want.
How do you divide up the pizza?
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