Zero-sum game

An economic transaction in which whatever is gained by one party must be lost by the other. In a zero sum game, the gain for one player is exactly offset by the loss of the other players. If one business gains market share, it must be at the expense of the other firms in the market. With a zero-sum game, whatever is gained by one side is lost by the other

© 2002-2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.