Zero-sum
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Revision as of 06:59, 13 September 2022 by WikiSysop (talk | contribs) (Created page with "Zero-sum game is a mathematical representation in game theory and economic theory of a situation which 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, therefore the net improvement in benefit of the game is zero.[2] a finite amount of goods exists in the world, in which one person's winning makes others the losers, and vice versa ... a relative...")
Zero-sum game is a mathematical representation in game theory and economic theory of a situation which 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, therefore the net improvement in benefit of the game is zero.[2] a finite amount of goods exists in the world, in which one person's winning makes others the losers, and vice versa ... a relatively permanent and general conviction that social relations are like a zero-sum game. People who share this conviction believe that success, especially economic success, is possible only at the expense of other people's failures.