Zero sum game

Life is not always about defeating or getting defeated. You cannot decide every interaction to end up as one losing and the other winning. That is a zero-sum game. You could also have a non-zero-sum game — a win-win takeaway for all. Try it.

Learn the meaning of the idiom 'zero-sum game' with examples from movies & TV shows!

Game theory provides a lot of insightful concepts we can wrap in the theoretical framework that can be applied to different fields under various circumstances. Here are five concepts from game theory that have a wide range of applications, and my examples of using them in different areas of my life.

Chinese policy makers are not on the same page as their developed nation counterparts.

Yes, that's right. My friend, author and fellow Portlander Cheryl Strayed, has just caused Oprah to reopen her book club. (Her book, Wild, is amazing. Obviously. Reese Witherspoon bought the rights a while ago.) A few weeks ago, when I opened up Facebook, I saw my friend Claire Diaz-Ortiz with an announcement of her own: She

A blog celebrating the spirit of science and the scientific method.

Zero-sum thinking is pernicious

When you think of a game, what springs to mind? Do you imagine winners and losers? Levels and leaderboards? Vast landscapes to explore? Friends gathered around a table? People working together achieve something bigger? In game theory, there are two basic types of games: zero-sum games where players are opponents, with clear winners and losers – […]

A zero-sum game is a situation in which one person’s gain is equivalent to another’s loss, so that the net change in wealth or benefit is zero.

Does game theory sound like fun? It can be—if you are a mathematician or economist who needs to analyze a competitive situation in which the outcome is determined by the choices of the players and