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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.
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 ...
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 ...
The zero-sum perspective stems from the belief that resources, such as wealth, success, or opportunities, are inherently limited. It's like viewing life as a fixed-size pie, where we must compete ...
Bureau of Labor Statistics estimates suggest, for example, that there will be 1 million more computing jobs than applicants to fill them by 2020. Of course, the skills gap is about more than just ...
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.” ...