Definition:Non-Zero-Sum Game/Examples
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Examples of Non-Zero-Sum Games
Examples of non-zero-sum games include:
Trade
Two parties trading: both may simultaneously gain by a transaction.
It can be assumed that the buyer attaches a value to goods purchased which is higher than the price paid.
At the same time, the price paid to the vendor can also be assumed to be higher than the value, to the vendor, of those goods.
Thus, at the end of this transaction, both parties have a positive payoff.
The loss of a particular ship may cause a setback of considerably greater value to the enemy than the cost of the materiel used by the attacker to destroy it.
Sources
- 1956: Steven Vajda: The Theory of Games and Linear Programming ... (previous) ... (next): Chapter $\text{I}$: An Outline of the Theory of Games: $2$
- 1983: Morton D. Davis: Game Theory (revised ed.) ... (previous) ... (next): $\S 2$: The Two-Person, Zero-Sum Game with Equilibrium Points