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Zero-Sum Game

A game in which one player's gain is exactly the other player's loss, so the payoffs in every cell of the payoff matrix sum to the same constant. Poker among a fixed group of players is zero-sum, but most strategic situations this course studies — cooperation, coordination, commitment — are not, which is the point: the popular image of game theory as zero-sum combat is precisely the misconception the course exists to correct.

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Vocabulary from all courses. Terms are cross-referenced to show where each concept appears.