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Social and Behavioral Sciences Commons

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Economic Theory

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Lester G Telser

Selected Works

2012

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Full-Text Articles in Social and Behavioral Sciences

An Economy Is Not A Zero Sum Game: How Economics Uses Game Theory, Lester G. Telser Jan 2012

An Economy Is Not A Zero Sum Game: How Economics Uses Game Theory, Lester G. Telser

Lester G Telser

Because an economy is not a zero sum game, analysis using the core are especially fruitful. Non cooperative games have a comparative advantage handling conflict where one gains at the expense of others