Welcome to the SwiftEconomics.com Glossary! Each word will come to life using witty jokes, satire, and colorful examples. The glossary is meant to amuse and educate; not to be traditional or academic. The SwiftEconomics.com team wants to hammer home a few vital ideas throughout the vocabulary lesson. For example, keep an eye on asymmetric information’s effect on health insurance. Please share the SwiftEconomics.com Glossary with colleagues, friends, and family!

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Terms beginning with Z

Zero-Sum Game


Zero-Sum Game

A scenario in game theory where one player gains the same amount another player loses. In game theory, players will probably battle over utility, a happiness payoff. See “game theory” for dating advice.

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