In game theory, a win-win game is an interaction from which all participants can profit in some way. In economics, it is a voluntary transaction where both parties gain wealth, as in the double thank-you of capitalism .
In game theory, a win-win game is a special case of a non-zero sum game that produces a mutually beneficial outcome for two or more parties. The full title of a win-win game is win-win-or-lose-lose game because parties all lose if the venture fails. It is also called a positive-sum game and is the opposite of a zero-sum game .
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an interaction from which all participants can profit in some way. In economics, it is
a special case of a non-zero sum game that produces a mutually beneficial outcome for two or more parties. The full title of a win-win game is win-win-or-lose-lose game because parties all lose if the venture fails. It is also called a positive-sum game and is the opposite of
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voluntary transaction where both parties gain wealth, as in the double thank-you of capitalism
zero-sum game