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What is Zero-Sum Game ?

A Zero-Sum Game is a situation where any gain by one part of the system results in an equal loss by another part of the system. In other words, the sum of all gains and losses is zero. This concept is often used in game theory and economic systems.

Additional Glossary Terms

Unorganized Complexity

Unorganized complexity involves problems with numerous parts acting unpredictably, making individual behaviour difficult to predict. For example, traffic flow dynamics, influenced by various factors like driver decisions and road conditions,

Feedback

Feedback involves the return of part of the system’s output as input, creating a loop of information or action that can influence the system’s behaviour. Feedback can be either positive

Mental Model

A mental model is an individual’s thought process or cognitive representation of how something in the world works. It’s essentially our internal ‘map’ of reality, created through personal experiences, perceptions,

Methodology

Methodology refers to the logical principles that govern the use of methods in order that the philosophy/theory embraced by the approach is properly respected and appropriately put into practice. It

Hierarchies

Systems are generally complex wholes made up of smaller subsystems. This nesting of systems within other systems is what is implied by hierarchy.

Knowledge Management

Knowledge Management is the process of capturing, distributing, and effectively using knowledge within an organization. It involves strategies and practices for identifying, creating, representing, and redistributing information. The goal is