Zero-Sum Game

GPTKB entity

Statements (29)
Predicate Object
gptkbp:instanceOf Game theory concept
gptkbp:assumes Perfect competition
Fixed resources
gptkbp:category Multi-player games
Two-player games
gptkbp:defines A situation in which one participant's gain or loss is exactly balanced by the losses or gains of other participants.
gptkbp:example gptkb:Matching_pennies
Chess
Poker
gptkbp:field gptkb:Mathematics
gptkb:Game_theory
Economics
gptkbp:firstFormalized 1944
gptkbp:firstFormalizedIn gptkb:Theory_of_Games_and_Economic_Behavior
gptkbp:form Sum of all gains and losses is zero
gptkbp:hasPayoffMatrix Yes
https://www.w3.org/2000/01/rdf-schema#label Zero-Sum Game
gptkbp:notableContributor gptkb:John_von_Neumann
gptkb:Oskar_Morgenstern
gptkbp:opposedBy Non-zero-sum game
gptkbp:originatedIn gptkb:Game_theory
gptkbp:relatedConcept gptkb:Nash_equilibrium
gptkb:Minimax_theorem
gptkbp:solvedBy Linear programming
Minimax strategy
gptkbp:usedIn Competitive sports
Economic transactions
gptkbp:bfsParent gptkb:Two-Player_Game
gptkbp:bfsLayer 6