IDEAS
We’re in the Zero Sum Era. How Do We Get Out?
Zero-sum thinking has spread like a mind virus, from geopolitics to pop culture.
In a multiracial democracy, emphasising race can be a recipe for zero-sum competition for public resources
What Is a Zero-Sum Game?
Zero-sum is a situation in game theory 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 as many as millions of participants. In financial markets, options and futures are examples of zero-sum games, excluding transaction costs. For every person who gains on a contract, there is a counter-party who loses.
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