Zero-sum game - Business concept of the day

Zero-sum game - Business concept of the day

Economy

GlobalLinker Staff

GlobalLinker Staff

311 week ago — 1 min read

Definition: Zero-sum 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

 

Example: An example of a zero-sum game would be gambling and some trading instruments like futures & options. 

 

Business Insight: It is important to remember, that the economy is primarily governed not by zero-sum games but by non-zero sum games. Trade agreements, partnerships, mutually beneficial collaborations are what underpin an economy's growth. 

 

 

 

 

 


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