Zero-Sum Games Vs. Non Zero-Sum Games || Game Theory Series

Описание к видео Zero-Sum Games Vs. Non Zero-Sum Games || Game Theory Series

I am starting a new series on game theory with this video.

Patreon: https://www.patreon.com/user?u=36571443

Zero sum game is a type of game where for one person to win, another one has to lose. There is no other way around it. Typical sports that we consider as games are mostly zero-sum games.

An Non Zero-Sum Games are games where for one side to win, others do not necessarily have to lose.

I talk about a real life example to explain the difference between the two.

I also talk about the game of mathcing pennies [A classic zero-sum game example of game theory].

Timestamps:

Intro - 0:00
Definitions - 0:20
Example - 1:05
Matching pennies - 2:15
Bonus - 4:40
Conclusion - 5:10

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