THE ZERO-SUM GAME VERSUS THE NON-ZERO SUM GAME 2
The zero-sum game versus the non-zero sum game
Introduction
Gaming is a common scenario done by most people with the larger portion of the gamers
being youths. The games can be classified into zero and non-zero basing on a number of factors
but the major one being the outcome. Research has it that gender is also another key contributor
to the decision making on the game to participate in.
Compare and contrast
The non-zero-game together with the Zero games are respectively utilized in game theory
and economic theory respectively. With reference to the definition, Zero-sum games, in contrast,
can be termed to be mathematical models illustrating the loss or gains of the utility in the game is
adjusted to balance by the results, that is gains and losses, by the participant on the contrary side.
The Non-zero game, on the other hand, is a state in which the achievements of the groups taking
part are less or more than zero in the expression of gains and losses (Hossain, Niyato, & Han,
2009).
The Zero-sum game is strictly competitive while the non-zero sum game is lenient in that
it can be either competitive or not. It is for this reason that the former is usually termed as strictly
competitive. Whichever rate results in the zero-sum games is taken to be a Pareto optimal whose
implication is that it is a disputing outcome and the summation of the results ought to be zero
(Jones, 2009).
A case illustration of zero-sum rate with the utilization of the pay-off matrix is shown;