Question

Give examples from the last month or so where you participated in a positive-sum, a zero-sum,...

Give examples from the last month or so where you participated in a positive-sum, a zero-sum, and a negative-sum power relation. Describe what motivated you to participate in a negative-sum or a zero-sum relation? Are there factors other than “power” that we should be considering?

Homework Answers

Answer #1

** Please upvote if answer was helpful **

All these games are based on a context of what we define the participants as

Zero sum game as an example can be given by the game of poker where the total losses are allocated as total winnings which basically menas that the losers compensate the winners.

Positive sum game is an example of pooling individuals to use a single mode of transport instead on a n individual driving a car alone. Here as a result the group can all reach the destination and pay the car owner a small fee as transportation charge. The owner also profits and the passengers can also reach their destination

Negative sum game can be an example of betting between 5 players where each player pays 10$ and the prize money is 30$ after transaction costs. Here the total accumulated loss is greater than the total winnings and is hence a negative sum game.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Positive-, Zero-, and Negative-Sum Power Relations Give examples from the last month or so where you...
Positive-, Zero-, and Negative-Sum Power Relations Give examples from the last month or so where you participated in a positive-sum, a zero-sum, and a negative-sum power relation. Describe what motivated you to participate in a negative-sum or a zero-sum relation? Are there factors other than “power” that we should be considering? own words with references
1. From your own experience, in what way has the economy impacted you in the last...
1. From your own experience, in what way has the economy impacted you in the last year? Give some examples. Do you think the economy has impacted you in a positive or negative way? Why? Let me know what you think. 2. If economics is the study of how we choose to use resources, what are some of the choices that you have had to make in the last week or month that connect you to the economy? Give some...
what is circular and rotational motion? give two examples from daily basis where you use them.
what is circular and rotational motion? give two examples from daily basis where you use them.
*****MINIMUM 300 WORDS Purpose: Discuss affective forecasting using concrete examples from student experience. 1. Describe an...
*****MINIMUM 300 WORDS Purpose: Discuss affective forecasting using concrete examples from student experience. 1. Describe an example of impact bias from your own “affective forecasting” experience. That is, a case in which you believed that a certain event would lead to a strong positive or negative emotion, and then when the event actually happened you found it wasn’t so good or bad as you had thought. 2. Why was your prediction about the emotional impact of the event so wrong?...
        Analyzing a Significant Request I Will Make: How I Can Apply Positive Phrasing Principles The...
        Analyzing a Significant Request I Will Make: How I Can Apply Positive Phrasing Principles The technique of positive phrasing can help my career because leadership often involves asking others to do things. Below, I present a new request and justification (both positively phrased) where I will ask a real person to do something. This section assumes that I have correctly phrased both the request and the justification positively, and that the justification is intrinsic or intangible (rather than something...
Q1) Two equal positive charge q are on the y axiz. One at y=+a and the...
Q1) Two equal positive charge q are on the y axiz. One at y=+a and the other at y=-a (a). Show that the electric field on the x-axis is along the x axis with Ex=2kqx(x^2+y^2) ^-3.2. Show that near the origin, when x is much smaller than a, Ex is approximately 2kqx/a^3. (b). Show that for values of x much larger than a Ex=2kq/x^2. Why is this result something you should have been able to at least almost guess? Q2....
For your last assignment, which will be due next Thursday, before the last day of class,...
For your last assignment, which will be due next Thursday, before the last day of class, please refer back to the massage parlor business statement, attached herein. Given the way I have described what to do below I do not think this should take you more than an hour or two. Further, it should allow you to see the big picture of the audit. Here is what I want you to do. STEP 1: For the following balance sheet items,...
As you saw from the lab PowerPoint slides last week, you will be doing a research...
As you saw from the lab PowerPoint slides last week, you will be doing a research study looking at ‘Aggression Priming” for your first paper. For this week’s discussion, I want you to discuss with your group what you think this study is about. What is the hypothesis? What theory does it come from? What do you predict will happen (do you expect something different than the hypothesis in the researcher instructions? If so, what and why?)? Do you think...
Suppose you are playing a game of five-card poker where you are dealt a hand of...
Suppose you are playing a game of five-card poker where you are dealt a hand of 5 cards from a standard deck of 52 playing cards. Each card has one of 13 values, 2,3,…,10,J,Q,K,A2,3,…,10,J,Q,K,A, and one of 4 suits, ♡,♢,♠,♣♡,♢,♠,♣ A hand called a royal flush consists of cards of the values 10,J,Q,K,A10,J,Q,K,A, all from the same suit. For instance, a royal flush with hearts would be 10♡,J♡,Q♡,K♡,A♡10♡,J♡,Q♡,K♡,A♡. Now, actually getting a royal flush in poker is incredibly rare (in...
In this question, you will carry out the algebraic equivalent to the diagrammatic analysis investigating the...
In this question, you will carry out the algebraic equivalent to the diagrammatic analysis investigating the effect of amenities on incomes and real-estate prices. To start, let the consumer utility function be given by q1/2c1/2a1/2, where c  is consumption of “ bread ” (a catch-all commodity), q is real estate (housing), and a is amenities, which are valued by the consumer given that a’s exponent is positive. Letting y denote income, it can be shown that the consumer demand functions for...