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Normal-form game and Zero-sum game

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Normal-form game and Zero-sum game

Normal-form game vs. Zero-sum game

In game theory, normal form is a description of a game. In game theory and economic theory, a zero-sum game is a mathematical representation of a situation in which each participant's gain or loss of utility is exactly balanced by the losses or gains of the utility of the other participants.

Similarities between Normal-form game and Zero-sum game

Normal-form game and Zero-sum game have 5 things in common (in Unionpedia): Game theory, John von Neumann, Nash equilibrium, Oskar Morgenstern, Strategy (game theory).

Game theory

Game theory is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers".

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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.

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Nash equilibrium

In game theory, the Nash equilibrium, named after American mathematician John Forbes Nash Jr., is a solution concept of a non-cooperative game involving two or more players in which each player is assumed to know the equilibrium strategies of the other players, and no player has anything to gain by changing only their own strategy.

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Oskar Morgenstern

Oskar Morgenstern (January 24, 1902 – July 26, 1977) was a German-born economist.

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Strategy (game theory)

In game theory, a player's strategy is any of the options he or she can choose in a setting where the outcome depends not only on his own actions but on the action of others.

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The list above answers the following questions

Normal-form game and Zero-sum game Comparison

Normal-form game has 17 relations, while Zero-sum game has 39. As they have in common 5, the Jaccard index is 8.93% = 5 / (17 + 39).

References

This article shows the relationship between Normal-form game and Zero-sum game. To access each article from which the information was extracted, please visit:

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