Zero-sum principle
The zero-sum principle describes a scenario where the net change in wealth or benefit among all participants is zero, meaning one's gain is another's loss.
Tumisang Bogwasi
Tumisang Bogwasi
What is Zero-sum principle?
The zero-sum principle, also known as zero-sum game theory, posits a situation where one participant’s gain is precisely equivalent to another participant’s loss. In essence, the net change in wealth or benefit among all participants is zero. This concept is fundamental in game theory and has wide-ranging implications across economics, politics, and even social interactions.
This principle often arises in situations involving fixed resources or competition for a limited pool of assets. When the total amount of
