what is a zero-sum game?

Question

what is a zero-sum game?

In: Other

Answer 1

Let’s play a game of dice. We each bet $10 that the die will roll a certain way. Winner gets the whole pot, or put another way, the winner gets $10 and the loser gives up $10.

This game is zero sum because the winner’s gain ($10) plus the loser’s loss (-$10) adds up to zero.