What is the meaning of the word "zero-sum game"?

Definitions:

  1. A game in which the total of all the gains and losses is zero. copy to clipboard NOUN
    • The lottery is a classic example of a zero-sum game, where winning big means someone else loses their money. copy to clipboard
  2. 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. copy to clipboard NOUN
    • The economic system is often viewed as a zero-sum game, where the rich get richer while the poor get poorer. copy to clipboard
  3. One participant's gain is exactly equal to another participant's loss. copy to clipboard NOUN
    • In a zero-sum game, any advantage gained by one side directly harms the other. copy to clipboard

Synonyms: