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Old 06-13-2005, 01:49 PM
Derek in NYC Derek in NYC is offline
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Join Date: Jun 2004
Posts: 130
Default Re: So.... would you sit at this table.

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First of all, penguin...do you even know what a zero-sum game is? A zero-sum game is where there is a winner and a loser. I defy you to tell me that the grand majority of life(by life, I don't mean just human beings) is not clearly defined in those terms.

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This assumption is contrary to classic economics, which assumes that all voluntary transactions are Pareto efficient (i.e., utility maximizing).

In other words, if I pay you $10 to mow my lawn, and you accept and mow my lawn, you value $10 more than the cost/effort it took to mow my lawn, and I value a mowed lawn more than I value $10.

It is a win-win result, not a zero-sum result.

A zero-sum situation would exist if we both were in an airplane and there were only one parachute. Zero sum situations also frequently arise in life. However all of life is not zero-sum.
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