Similarities between Economics and Zero-sum game
Economics and Zero-sum game have 11 things in common (in Unionpedia): Comparative advantage, Economics, Gains from trade, Game theory, John von Neumann, Linear programming, Marginal utility, Oskar Morgenstern, Pareto efficiency, Rational choice theory, Utility.
Comparative advantage
The law or principle of comparative advantage holds that under free trade, an agent will produce more of and consume less of a good for which they have a comparative advantage.
Comparative advantage and Economics · Comparative advantage and Zero-sum game ·
Economics
Economics is the social science that studies the production, distribution, and consumption of goods and services.
Economics and Economics · Economics and Zero-sum game ·
Gains from trade
In economics, gains from trade are the net benefits to economic agents from being allowed an increase in voluntary trading with each other.
Economics and Gains from trade · Gains from trade and Zero-sum game ·
Game theory
Game theory is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers".
Economics and Game theory · Game theory and Zero-sum game ·
John von Neumann
John von Neumann (Neumann János Lajos,; December 28, 1903 – February 8, 1957) was a Hungarian-American mathematician, physicist, computer scientist, and polymath.
Economics and John von Neumann · John von Neumann and Zero-sum game ·
Linear programming
Linear programming (LP, also called linear optimization) is a method to achieve the best outcome (such as maximum profit or lowest cost) in a mathematical model whose requirements are represented by linear relationships.
Economics and Linear programming · Linear programming and Zero-sum game ·
Marginal utility
In economics, utility is the satisfaction or benefit derived by consuming a product; thus the marginal utility of a good or service is the change in the utility from an increase in the consumption of that good or service.
Economics and Marginal utility · Marginal utility and Zero-sum game ·
Oskar Morgenstern
Oskar Morgenstern (January 24, 1902 – July 26, 1977) was a German-born economist.
Economics and Oskar Morgenstern · Oskar Morgenstern and Zero-sum game ·
Pareto efficiency
Pareto efficiency or Pareto optimality is a state of allocation of resources from which it is impossible to reallocate so as to make any one individual or preference criterion better off without making at least one individual or preference criterion worse off.
Economics and Pareto efficiency · Pareto efficiency and Zero-sum game ·
Rational choice theory
Rational choice theory, also known as choice theory or rational action theory, is a framework for understanding and often formally modeling social and economic behavior.
Economics and Rational choice theory · Rational choice theory and Zero-sum game ·
Utility
Within economics the concept of utility is used to model worth or value, but its usage has evolved significantly over time.
The list above answers the following questions
- What Economics and Zero-sum game have in common
- What are the similarities between Economics and Zero-sum game
Economics and Zero-sum game Comparison
Economics has 511 relations, while Zero-sum game has 39. As they have in common 11, the Jaccard index is 2.00% = 11 / (511 + 39).
References
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