Zero Sum vs Positive Sum Games - How To Win?

1,912 views Jun 04, 2023

Description

Zero sum game vs positive sum game. This video explains the concepts of zero sum and positive sum in a simple and easy-to-understand way. It shows how some situations involve only one person winning while another person loses (zero sum), while other situations allow everyone involved to win (positive sum). Throughout the video, other real-life examples of zero sum and positive sum situations are explored. It emphasizes how negotiations, such as salary discussions or solving conflicts, can either be win-lose or win-win scenarios. Hope you enjoyed FutureIQ by Navin Kabra and Shrikant Joshi. Do hit us up on Twitter: @ngkabra http://twitter.com/ngkabra @shrikant https://twitter.com/shrikant Listen it on the podcast provider of your choice: https://tapthe.link/FutureIQRSS Watch other episodes of The FutureIQ podcast: https://www.youtube.com/playlist?list=PLAppTB0r5_TaYueZ0adD42Wiw5X-wTE4v "Today you, tomorrow me." Comment by /u/honer on Reddit: https://www.reddit.com/r/AskReddit/comments/elal2/comment/c18z0z2/ Chapters: 00:00 Introduction 01:23 The basics 03:42 Example 06:25 Positive sum situations 09:10 Zero-sum but not 12:44 Zero-sum 14:41 Secretly positive-sum 15:57 Marriage 17:57 Immigration 18:33 How to figure out the type? 19:24 Changing the game 20:26 Why zero-sum exists? #futureiq #gametheory

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