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Zero Sum Game
generalA Zero-Sum Game is a situation in which one person's gain is equivalent to another's loss, so the net change in wealth or benefit is zero. Many gambling games, like poker, are considered zero-sum games among the players, as the money is just redistributed among them.
Key Takeaways
- 1A Zero-Sum Game is a situation in which one person's gain is equivalent to another's loss, so the ne
Zero Sum Game
A Zero-Sum Game is a situation in which one person's gain is equivalent to another's loss, so the net change in wealth or benefit is zero. Many gambling games, like poker, are considered zero-sum games among the players, as the money is just redistributed among them.
Example
Poker is a zero-sum game because for every dollar one player wins, another player must have lost a dollar.
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