Zero Sum Game

GPTKB entity

Statements (56)
Predicate Object
gptkbp:instance_of gptkb:strategy
gptkbp:analysis Nash Equilibrium.
Minimax Theorem.
gptkbp:application gptkb:Political_Science
Economics
Competitive Sports
gptkbp:characteristic Total utility remains constant.
gptkbp:criticism Does not account for collaboration.
May not reflect real-world scenarios.
Oversimplifies complex interactions.
gptkbp:cultural_aspect Can create a win-lose mindset.
Can foster rivalry.
Can lead to mistrust.
gptkbp:decided_by Involves risk assessment.
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:World_Series_of_Poker
gptkb:chess_match
Market competition.
Negotiation.
Resource allocation.
Bidding wars.
War strategies.
gptkbp:field Mathematics.
Psychology.
Economics.
Sociology.
Artificial Intelligence.
Computer Science.
Operations Research.
Political Science.
gptkbp:game_type Multi-player game.
Two-player game.
https://www.w3.org/2000/01/rdf-schema#label Zero Sum Game
gptkbp:mathematical_representation If A gains x, then B loses x.
gptkbp:notable_authors gptkb:Oskar_Morgenstern
gptkb:John_von_Neumann
gptkbp:origin Developed in the context of game theory.
gptkbp:outcome Can lead to competitive behavior.
Can lead to conflict.
Can lead to cooperation in some contexts.
gptkbp:real_world_example Sports competitions.
International trade negotiations.
Business rivalries.
Auction bidding.
Environmental resource disputes.
Labor negotiations.
Legal disputes.
Military conflicts.
Political elections.
Stock market trading.
gptkbp:related_concept Cooperative Game
Adversarial Game
Non-zero-sum game
gptkbp:strategic_implication Players must consider opponents' strategies.
gptkbp:bfsParent gptkb:Fonda_Lee
gptkbp:bfsLayer 4