Exchange Currency

positive sum game

A game in which the payoffs to the players may add up to more than zero, so that it may be possible for all players to gain. Contrasts with zero sum game. Due to the gains from trade, trade and trade policy may be thought of as positive sum games.

Related information about positive sum game:
  1. Q&A: What is a positive sum game?
    Apr 4, 2009 ... A positive sum game refers to the outcome of a decision or a policy or a negotiation involving at least one agent. And in this outcome a positive ...
     
  2. What is positive sum game? definition and meaning
    Definition of positive sum game: In decision theory, the 'win-win' situation where no one wins at someone else's expense, and the sum of winnings (positives) ...
     
  3. Positive-Sum / Zero-Sum / Negative-Sum Situations | Beyond ...
    Zero-sum, positive-sum, and negative-sum are all game theory terms that refer to the outcomes of a dispute or negotiation. They refer to the actual amount of ...
     
  4. Positive Sum Games - Game Theory .net
    Dec 8, 2006 ... Positive sum game. ... In a positive sum game, the combined payoffs of all players are not the same in every outcome of the game. This differs ...
     
  5. Win-win game - Wikipedia, the free encyclopedia
    A win-win game is a game which is designed in a way that all participants can profit from it in one way or the other. In conflict resolution, a win-win strategy is a ...
     
  6. People Who Don't “Get” Transparency or Positive-Sum Games ...
    Oct 10, 2011 ... The Enlightenment's core discovery was the positive-sum game… ways that democracy, markets and science can “float all boats,” so that even ...
     
  7. Game Theory and Social Emotions | Augean Stables
    Game theory examines the ways that various people “play” their interactions with others. All games take place on at least two levels. The first is material gain or ...
     
  8. Positive-Sum vs. Zero-Sum « Incessant Dissent
    Aug 19, 2009 ... Economists see trade as a positive-sum game, which means that when two parties make a voluntary exchange, both are better off. Have you've ...