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The “Zero Sum Game” as employed by the supporters of game theory, assumes that:

The “Zero Sum Game” as employed by the supporters of game theory, assumes that:

  • (A) The loss of one party is the gain of the other party
  • (B) The loss of one party is the loss of the other party as well
  • (C) The gain of one party is the gain of the other party
  • (D) The gain or loss of one party has nothing to do with the gain or loss of other party
A zero-sum game is defined by game theory as a situation where the sum of wealth of players is zero. In other words, the pie is fixed; when one player wins, another player loses exactly that amount. Zero-sum games are evident in competitive board games like chess, card games like poker, and financial tools like futures and options.
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Related MCQs:

 ‘NATO’ is an abbreviation of:

March 18, 2026 No Comments
  • (A) North Atlantic Treaty Organization
  • (B) Non-Aligned Treaty Organization
  • (C) Non-Aligned Trading Organization
  • (D) North American Transport Organization

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