Summary: Currency exchange rates, as we know, is a zero-sum game
- one currency has to lose for the other to gain.
A zero-sum game
is a situation in which one person or group can win something only by causing another person or group to lose it.
What was meant to be a mission to find compromise, instantly became a zero-sum game
. No one can be seen to compromise once the game is zero-sum.
ISLAMABAD -- Army Chief Gen Qamar Javed Bajwa on Wednesday said that Pakistan wanted to avoid a zero-sum game
"We urge the United States to stop deliberately distorting China's strategic intentions, and abandon outdated concepts such as a Cold War mentality and a zero-sum game
, otherwise it will only harm everyone," Foreign Ministry Spokeswoman Hua Chunying told reporters on Tuesday, RT reported.
IN SIMPLE TERMS, a zero-sum game
is one in which the victories of one competitor are exactly matched by the losses of another.
In Iraq, the nature of Daesh, the nature of its conflict with the Iraqi state and the balance of power between the two make it a zero-sum game
. As for Syria, I think it has turned into a zero-sum game
for the meantime and will continue to be so as long as the respective sides enjoy the international and military support that they do."
Such a strategy could also help gradually dispel the widely-held view that a peace deal is, by definition, a zero-sum game
. It is not, and leaders speaking the same language (even if it is in different languages) would be making the point convincingly.
In a zero-sum game
, one person's gain is another person's loss.
He added that for him constructive engagement means a world where global politics is no longer a zero-sum game
, but a counterintuitive to pursue one's interests without considering the interests of others.
"Foreign policy is not a zero-sum game
-- we can pursue parallel efforts keeping our alliance as Western nations at the center of our thinking and endeavors." A zero-sum game
describes a competitive model where one side's wins equal the other side's losses.
As economic historian John Nye has pointed out, even if competition for relative position is a zero-sum game
, the increase in total wealth created by the productive investments of the wealthy benefits the poor.
"But retirement is not a zero-sum game
. There are a lot of Americans that have not met their retirement needs yet, that aren't working with a financial specialist to help them get there."
CHANGING THE BEHAVIOR: Creating value is not a zero-sum game
of absolute winners or losers.
In their opinion, while it is possible to build the reputation of multiple institutions in the same marketplace, prestige is a zero-sum game
. Prestige gained by one institution must be lost by another.