what is a zero-sum game?

2.59K views

what is a zero-sum game?

In: Other

5 Answers

Anonymous 0 Comments

Zero sum is from game theory, meaning that no extra value is added. all the value is static.

Meaning that if one person obtains more, it means someone is losing.

So an example of a zero sum game is a poker match between 2 people, with the game bets being the only winnings.

An example of a non zero sum game, would for example be the competition between two foodstalls. If one of them suddenly starts selling more cause it got rave reviews, it doesn’t automatically mean the other stall gets less. There might just be more people coming by. They might even get more from people unwilling to wait in line. In this “game”, a player can win without his competition losing

You are viewing 1 out of 5 answers, click here to view all answers.