What is the meaning of the word "zero-sum game"?
Definitions:
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A game in which the total of all the gains and losses is zero.
NOUN
- The lottery is a classic example of a zero-sum game, where winning big means someone else loses their money.
- The lottery is a classic example of a zero-sum game, where winning big means someone else loses their money.
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A mathematical concept in game theory where the total gain of all participating entities equals zero, implying that any gain by one participant results in corresponding losses by others.
NOUN
- The economic system is often viewed as a zero-sum game, where the rich get richer while the poor get poorer.
- The economic system is often viewed as a zero-sum game, where the rich get richer while the poor get poorer.
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One participant's gain is exactly equal to another participant's loss.
NOUN
- In a zero-sum game, any advantage gained by one side directly harms the other.
- In a zero-sum game, any advantage gained by one side directly harms the other.