Zero-Sum Games: A Comprehensive Guide
Zero-Sum Games are a cornerstone of Game Theory, modeling scenarios where one player’s gain is exactly balanced by another’s loss, resulting in a net payoff of zero. Pioneered by John von Neumann in 1928 and formalized with Oskar Morgenstern in their 1944 book "Theory of Games and Economic Behavior," these games capture the essence of pure competition.
From chess and poker to economic rivalries and military strategies, zero-sum games provide a framework for analyzing adversarial interactions. This MathMultiverse guide explores their definitions, mathematical frameworks, examples, strategies, and applications, enriched with equations and visualizations.
Mathematical Framework
Zero-Sum Games are defined by their payoff structure, where the sum of players’ payoffs is zero, and analyzed using tools like the minimax theorem.
Definition
For two players \( A \) and \( B \), with strategies \( s_A \in S_A \), \( s_B \in S_B \), and payoffs:
Thus, \( u_B = -u_A \). The game is represented as:
Payoff Matrix
For \( A \), with strategies \( s_{A_i} \), \( s_{B_j} \):
Minimax Theorem
Von Neumann’s theorem guarantees a game value \( v \):
Saddle Point
A strategy pair \( (s_A^*, s_B^*) \) is a saddle point if:
This is a Nash equilibrium with \( u_A(s_A^*, s_B^*) = v \).
Mixed Strategies
Players use probability distributions \( p_A \), \( p_B \). Expected payoff:
Equilibrium value:
Rock-Paper-Scissors Payoffs
Bar chart showing expected payoffs for Player A in Rock-Paper-Scissors under mixed strategy equilibrium (\( p_A = p_B = (1/3, 1/3, 1/3) \)).
Examples
Classic zero-sum games illustrate strategic dynamics.
Rock-Paper-Scissors
Payoff for Player \( A \):
Mixed equilibrium: \( p_A = p_B = (1/3, 1/3, 1/3) \), \( v = 0 \).
Matching Pennies
Payoff for \( A \):
Equilibrium: \( p_A = p_B = (1/2, 1/2) \), \( v = 0 \).
Chess (Simplified)
Win (+1), Loss (-1), Draw (0):
Poker (Simplified)
Bluff (B) vs. Call (C) or Fold (F):
Mixed strategy equilibrium computed via linear programming.
Resource Allocation
Two firms divide a market share \( x \):
Strategies
Players optimize outcomes using strategic tools.
Minimax Strategy
Player \( A \) maximizes their minimum payoff:
Maximin Strategy
Player \( B \) minimizes \( A \)'s maximum payoff:
Linear Programming
Solve for mixed strategies:
Graphical Solution
For 2x2 games, plot payoff lines to find the equilibrium intersection.
Applications
Zero-sum games model economic competition (market share battles), sports (tennis strategies), and military tactics (resource allocation).