Within a game theory model, if a change in decision-making raises corporation X's profits by $100 and lowers corporation Y's profits by $50, the game is a
A) negative-sum game.
B) zero-sum game.
C) positive-sum game.
D) cooperative game.

Question

Quizplus · Accepted Answer

In a positive-sum game, the total gains of all players are greater than the total losses, which is the case here. Corporation X gains $100 and Corporation Y loses $50, resulting in a total gain of $50 ($100-$50). This is different from a zero-sum game where any gain by one player must be offset by an equal loss by the other player, and negative-sum game where all players lose more than they gain. A cooperative game involves players working together to achieve a common goal, which is not the case here.

Within a Game Theory Model, If a Change in Decision-Making