Over the past few weeks, we talked about game theory, mechanics, and social aspects of gaming. One that really had me thinking was zero-sum games. I started thinking about the difference between zero-sum and non-zero sum and I realized that I don't really understand the difference between them. To create a clearer understanding, I researched zero-sum and non-zero sum games. I found this article that compared the two types.The article is called Comparing Zero-Sum and Non-zero-sum Games.
I learned from the article that a major difference between the zero-sum and non-zero sum is that in zero-sum games, when one person wins, it doesn't mean that the other player lost. Zero-sum have three outcomes, which are win, draw, or lose. However, in non-zero sum games don't have just three outcomes. Those outcomes are determined by the other players actions. You don't just lose or win, because it's more complex. Examples of a zero-sum game are poker, chess, and checkers. An example of a non-zero game would be rock, paper, scissors. Zero-sum versus non-zero sum:
“Non-Zero-Sum Games vs. Zero Sum Games: Examples and Definitions.” Brighthub Project Management, 2 Jan. 2011, www.brighthubpm.com/risk-management/61459-comparing-zero-sum-and-non-zero-sum-games/.
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This week in class, we learned about Game Theory. I thought that the most interesting thing in Game Theory was the Prisoner’s Dilemma. I feel that understanding the Prisoner’s Dilemma is very important because it can applied to many different situations or scenarios. I wanted to know more about the Prisoner’s Dilemma and how it can be used in different scenarios, so I researched the Prisoner’s Dilemma.
I learned from the Investopedia, that you can apply the Prisoner’s Dilemma to business and economics. For example, when buying a car, you have two options, either take the set price or bargain. In situation you could walk out with a new car and more money in your pocket, or a new car and less money in your pocket. The same situation applies to negotiating your salary. You may get more money, or you could really piss off your future employer and get less money, or not have a job at all. This could also apply to businesses with rising and lower prices. If one defects and the other doesn’t, one gets more money and the other less. So this, is a very good thing to think about when making choices.
Works Cited Picardo, CFA Elvis. “The Prisoner's Dilemma in Business and the Economy.” Investopedia, Aug. 2016, www.investopedia.com/articles/investing/110513/utilizing-prisoners-dilemma-business-and-economy.asp. |
AuthorI'm a student at Durham School of the Arts, and currently in the Game Art Design pathway. I like playing the Sims 4, playing with dogs, and riding horses. This blog will reflect my learning and discoveries. Archives
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