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A zero-sum game is a situation in game theory where the only way to win is at someone else's expense. Here's how zero-sum and positive-sum games apply in finance.
In last week’s Get Rich or Die Trying article, I mentioned that “tech is a zero-sum, winner takes all game”. A reader objected, arguing: “I think that may be an inappropriate use of the ...
One Slate reader argued that this logic was bogus, that trading is NOT a zero-sum game, because if you buy a stock at $5 and it goes to $10, the $5 you make does not come out of someone else’s ...
Zero sum game in commercial real estate: The myth of winning at all costs The next time you’re sitting at the negotiation table, try to move away from the mindset of “if I win, you lose.” ...
In a zero-sum game, by contrast, the total rewards are fixed, so every gain comes at someone’s expense — one person getting more pie means another gets less.