Zero -sum v. Non-zero sum A zero-sum game is a mathematical situation in which each participant's loose or gain a utility. It is balanced by gains or losses of that service of the other participants. If the member's total earnings are added up, and the l losses are subtracted, the sum will be zero. Thus, this is like cutting the pie, where taking a larger piece reduces the amount of pie available for others, is a zero-sum game if participants value each unit of cake equally it would be considered marginal utility.
In retrospect, a non-zero-sum describes a situation in which opponents gains and losses can be…show more content… There isn't a single strategy that is preferable over others, nor is there any predictability of a positive outcome. Non-zero-sum games are non-strictly competitive, as opposed to being competitive zero-sum games, such games have competitive and cooperative parts or elements. Opponents e in a non-zero sum conflict have some similar interests and some interests that are completely the opposite.
An example of a non-zero-sum game: The dating phase is a prime example of a non-zero-sum game. In this case, a man and his girlfriend want to go away for the weekend. They have decided to go either to a resort or bed and breakfast. Both prefer to go together rather than being alone. While the man prefers to go to the resort, he would prefer to go with his girlfriend to bed and breakfast rather than go to the resort alone. Oddly, the girl wants to go to bed and breakfast, but she would rather go to the resort with her boyfriend rather than go to the resort alone. The formula representing the example is below:
The girlfriends are represented by the first ordered pair while the boyfriend is represented by the second ordered
