A zero-sum game is a situation in game theory where one participant's gain or loss is exactly balanced by the losses or gains of other participants, making the total net change in wealth or benefit zero. This concept is often used to analyze competitive situations where the interests of players are strictly opposed, such as in certain economic or strategic scenarios.

Zero-Sum Game

zero-sum game

Game theory is a mathematical framework used for analyzing strategic interactions where the outcome for each participant depends on the actions of all involved. It provides insights into competitive and cooperative behaviors in economics, politics, and beyond, helping to predict and explain decision-making processes in complex scenarios.

game theory

participant's gain

Participant's loss

total net change

net change in wealth

Net change in benefit

competitive situations

interests of players

Economic Scenarios

strategic scenarios

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