What are the characteristics of a purely competitive market, and is it zero-sum?

The situation in which two groups of people have conflicts of interest is considered as a two-team zero-sum game problem. Two special cases of this problem. Feb 28, 2018 ... The moment you invest in the stockmarket, you sign up to participate in what is known as a 'zero-sum game' – in essence, for you to make a gain, ... Nov 17, 2011 ... ... zero-sum" game, where any information acquired by the buyer makes herself better off but hurts the seller's benefit through adverse ... – Only one player has private information, and it does not change. – The game is two-player and zero-sum. – Each agent cares about their long-term average ... We study the description and value of information in zero-sum games. We define a series of informational relations between information schemes, and show that ... Oct 1, 2023 ... But here, I am thinking of a different kind of diet—your relational and informational diets. Meaning, who you spend most time with and what type ... Jun 30, 2024 ... ... informational purposes as of the date indicated. Views may be based on third-party data that has not been independently verified. PineBridge ... ... zero-sum games. We provide a tractable characterization of distance and use ... The convergence to a countable information structure under value-based ... By contrast, we find that incomplete information games with scarce pri- vate information generate equilibrium outcomes that do not obtain in the complete infor-. Product information ; ‎312 pages · ‎0674063864 · ‎978-0674063860 · ‎10.4 ounces · ‎5.5 x 0.78 x 8.25 inches.