Is Business Strategy a Non-Zero-Sum Game?

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Is Business Strategy a Non-Zero-Sum Game?
I found that a ZERO-SUM GAME is a game with a clear winner and one or more clear losers. The more outcomes or results one player receives, the fewer outcomes or results are available for the other players. In other words, in zero-sum games the total benefit to all players in the game, for every combination of strategies, always adds to zero. In a NON-ZERO-SUM GAME on the other hand, there is not a fixed pie of outcomes or possible results, there is an opportunity for all players to maximize their outcomes simultaneously. In a worst-case scenario the outcomes of one player do not remove outcomes from any other player. And in a best-case scenario, the outcomes of one player may be interdependenty linked to the maximization of the other players' outcomes. Often (typically) business strategy is seen as a zero-sum game, but it has elements of both game types ... What are NON-zero game characteristics of business strategy? (...) Read more? Sign up for free

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  Ian Sutherland

Rational or not

As I understand it, game theory persumes that play (...)


Assumption of Utility

Indeed Ian, another game theory assumption is that (...)

  Jaap de Jonge, Editor, Netherlands

Utility variations

Note that there could be conflicting group and ind (...)


Business is a NON-zero sum game

I think the definition of "ZERO SUM GAME" by Ryan (...)

  Richard D. Cushing

Free Market Exchanges

I would add to and extend srikanth's (India) state (...)

  Gillion Utens

Game Theory literature

Recommended literature on this subject: Robert Axe (...)



As was said in the article, this is just a simplif (...)

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