What is a Zero-Sum Game?

A situation in which one person’s gain is equivalent to another’s loss, so the net change in wealth or benefit is zero. A zero-sum game may have as few as two players, or millions of participants. Zero-sum games are found in game theory, but are less common than non-zero sum games. Poker and gambling are popular examples of zero-sum games since the sum of the amounts won by some players equals the combined losses of the others.
In game theory, the game of “Matching Pennies” is often cited as an example of a zero-sum game. The game involves two players - let’s call them A and B - simultaneously placing a penny on the table; the payoff depends on whether the pennies match or not. If both pennies are heads or tails, Player A wins and keeps Player B’s penny; if they do not match, Player B wins and keeps Player A’s penny. This is a zero-sum game because one player’s gain is the other’s loss.
Zero-sum games are essentially bets. In the financial markets, for instance, speculators essentially place bets on the future prices of certain commodities. Thus, if you disagree with the consensus that wheat prices are going to fall, you might buy a futures contract. If your prediction is right and wheat prices increase, you could make money by selling the futures contract before it expires. Zero-sum games have a bigger purpose in the markets, however; they provide a lot of liquidity to the futures market and help companies find a way to stabilize their prices and thus their operations and financial performance.
By Barry Norman, Investors Trading Academy

[@jenatlax]

The music is distracting. Explanation helpful.

[@akeefhaiqaljp2952]

more like music video rather than explanation video lol

[@avgb2115]

Music should've been more louder...i was unable to concentrate on music becoz of narration...😖

[@revoltgaming1477]

😂😂

[@Tyrell_Corp2019]

No accident that poker is illustrated as a zero sum game. We then later find out that this is an actual tool to be used on Wall Street. I once worked for self made wealthy individual. I asked him about getting involved in the stock market. He looked at me and laughed and said “that’s gambling.“ How did he make his money? He said it was all in dirt... Real estate.

[@Kokurorokuko]

Poker is not gambling, though, unlike most casino games.

[@lvsoad22]

@@Kokurorokuko you trolling?

[@Tom-yp7sj]

the music could have been a bit less turned up. other than that, nice explanatory video!

[@Juan_lauda]

I think you need a music supervisor for this channel.

[@zealves4620]

Really simple and helpful as all explanations should be. Thanks guys!

[@avighosh23]

Thanks Michael Caine

[@personanongrata1509]

thnx jonnathan ross

[@h.u.9154]

Arrival got me here

[@fluffmiller1084]

Perhaps you should credit William Spaniel if you're going to use a screen grab of one of his videos in your own?

[@GokuSnake]

He sounds like Michael Caine

[@PhilCady]

My cocaine

[@randomvide1]

Excellent example

[@1013VS]

All cause of The Arrival

[@ajkoots258]

you are correct good observation

[@pesic212]

Great video thanks!

[@tareqhossain823]

thanx

[@atinnieowl]

That music ruins the explanation

[@kaashvi_does...]

I subscribed LOL

[@LeekowalskiWalker]

Playing the game has a cost. Therefore, what we call zero sum games conceptually are actually negative sum in reality.

[@WhatTheBrickTV]

US economy circa 2020.

[@druze3210]

Hello internet welcome to game theory

[@basillo3805]

i don't think any one else but us gets that

[@ThemisTheotokatos]

Is the market a 0 sum game?

[@wellnesspathforme6236]

The debt-based money system is a zero-sum game. Debt creates money, and debt and money are equal. Bill Gates is the face of a man whose net monetary wealth ENSLAVES LOTS OF PEOPLE, whether he knows it or not. If he knew it, would he tell you?

[@LeekowalskiWalker]

No. The market has a cost

[@music_ethos]

how is there only 25 comments

[@senzmaki]

This a zero sum game you can't win Eliot

[@fatouotzi2721]

Turn off the muzic.

[@libertyovertyranny5062]

Bitcoin defined.

[@theostavrides1807]

downvoted for terrible music