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zero-sum game

   Also found in: Financial, Encyclopedia, Wikipedia 0.03 sec.
zero-sum game
n.
A situation in which a gain by one person or side must be matched by a loss by another person or side: "It's not a zero-sum game in which either youth or pensioners must lose" (Earl W. Foell).

zero-sum game
n
(Mathematics) (in game theory) a contest in which one person's loss is equal to the other person's gain

zero-sum game
A game in which the sum of the winnings by all the players is zero. In a zero-sum game, a gain by one player must be matched by a loss by another player. Poker is a zero-sum game if the house does not take a cut as a charge for playing.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.zero-sum game - a game in which the total of all the gains and losses is zero
game - a contest with rules to determine a winner; "you need four people to play this game"
game theory, theory of games - (economics) a theory of competition stated in terms of gains and losses among opposing players


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The text begins with a brief essay on the nature of economics and how economics is now at a crossroads due to the global financial crisis, followed by the A-Z, cross-referenced entries covering everything from absolute advantage to zero-sum game.
It's not a zero-sum game, said Gottheil; sales of Windows netbooks don't necessarily prevent Apple from selling something priced less than the current lowest-priced MacBook.
Addressing concerns Hong Kong would lag Shanghai in financial development, Tsang said the two cities should work together, adding: "The competition between Hong Kong and Shanghai is not a zero-sum game.
 
 
 
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