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by amelius
3650 days ago
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From wikipedia [1]: > In game theory and economic theory, a zero-sum game is a mathematical representation of a situation in which each participant's gain (or loss) of utility is exactly balanced by the losses (or gains) of the utility of the other participant(s). Advertisement is (to first approximation) zero-sum in the sense that what you sell, your competitor will not sell. The contribution to society of the advertisement is zero. You can say that you have provided the customer the service of making them aware of the product, but that is only in second approximation, as customers generally do not want this service. Also, they can only spend their money once. Further, ads cost money, so perhaps we can even call it a negative-sum game :) [1] https://en.wikipedia.org/wiki/Zero-sum_game |
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http://economix.blogs.nytimes.com/2010/10/11/the-work-behind...
https://en.wikipedia.org/wiki/Search_theory