3 ms·
You are only better off in the sense of having more opportunities to collect rent from each other. The result is still zero-sum. Here’s a mental shortcut: as l
by stiglitz 7y ago
You are only better off in the sense of having more opportunities to collect rent from each other. The result is still zero-sum.
Here’s a mental shortcut: as long as the objective of the game is to bankrupt all other players (i.e. to own all of the money), the game is zero-sum. No other details matter. It’s a cake-cutting game where everybody wants all the cake.