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Short description: Game theory scenario

In game theory, a win–win game or win–win^[1] scenario is a situation that produces a mutually beneficial outcome for two or more parties.^[2] It is also called a positive-sum game as it is the opposite of a zero-sum game.^[3] If a win–win scenario is not achieved, the scenario becomes a lose–lose situation by default, since it had caused failure for at least one of the parties.

While she did not coin the term, Mary Parker Follett's process of integration described in her book Creative Experience (Longmans, Green & Co., 1924) forms the basis of what we now refer to as the idea of "win-win" conflict resolution.^[4] An example of a win-win scenario is trade, since both parties end up with a good or service they value more, making both participants better off.^[5]

References

↑ "Ok Win" (in en-US). https://ok-win.de/.
↑ "win-win situation definition". 17 January 2016. https://www.unescwa.org/win-win-situation.
↑ Tsai, Jiin-Song; Chi, Cheryl S. F. (2015-07-01). "Learning for Win-Win Collaboration" (in EN). Journal of Construction Engineering and Management 141 (7): 04015013. doi:10.1061/(ASCE)CO.1943-7862.0000993. ISSN 1943-7862. https://ascelibrary.org/doi/10.1061/%28ASCE%29CO.1943-7862.0000993.
↑ Tonn, Joan C. (2003). Mary P. Follett: Creating Democracy, Transforming Management. Yale University Press. p. 360. doi:10.12987/yale/9780300096217.001.0001. ISBN 0-300-09621-6. https://doi.org/10.12987/yale/9780300096217.001.0001. Retrieved 4 August 2022.
↑ "Is Trade a Zero-Sum Game? The Answer Lies in Chocolate" (in en). https://www.stlouisfed.org/open-vault/2019/january/trade-zero-sum-game-chocolate.

v t e Topics in game theory
Definitions	Cooperative game Determinacy Escalation of commitment Extensive-form game First-player and second-player win Game complexity Graphical game Hierarchy of beliefs Information set Normal-form game Preference Sequential game Simultaneous game Simultaneous action selection Solved game Succinct game
Equilibrium concepts	Nash equilibrium Subgame perfection Mertens-stable equilibrium Bayesian Nash equilibrium Perfect Bayesian equilibrium Trembling hand Proper equilibrium Epsilon-equilibrium Correlated equilibrium Sequential equilibrium Quasi-perfect equilibrium Evolutionarily stable strategy Risk dominance Core Shapley value Pareto efficiency Gibbs equilibrium Quantal response equilibrium Self-confirming equilibrium Strong Nash equilibrium Markov perfect equilibrium
Strategies	Dominant strategies Pure strategy Mixed strategy Strategy-stealing argument Tit for tat Grim trigger Collusion Backward induction Forward induction Markov strategy
Classes of games	Symmetric game Perfect information Repeated game Signaling game Screening game Cheap talk Zero-sum game Mechanism design Bargaining problem Stochastic game n-player game Large Poisson game Nontransitive game Global game Strictly determined game Potential game
Games	Go Chess Infinite chess Checkers Tic-tac-toe Prisoner's dilemma Optional prisoner's dilemma Traveler's dilemma Coordination game Chicken Centipede game Volunteer's dilemma Dollar auction Battle of the sexes Stag hunt Matching pennies Ultimatum game Rock paper scissors Pirate game Dictator game Public goods game Blotto game War of attrition El Farol Bar problem Fair division Fair cake-cutting Cournot game Deadlock Diner's dilemma Guess 2/3 of the average Kuhn poker Nash bargaining game Prisoners and hats puzzle Trust game Princess and Monster game Rendezvous problem
Theorems	Arrow's impossibility theorem Aumann's agreement theorem Folk theorem Minimax theorem Nash's theorem Purification theorem Revelation principle Zermelo's theorem
Key figures	Albert W. Tucker Amos Tversky Ariel Rubinstein Claude Shannon Daniel Kahneman David K. Levine David M. Kreps Donald B. Gillies Drew Fudenberg Eric Maskin Harold W. Kuhn Herbert Simon Hervé Moulin Jean Tirole Jean-François Mertens Jennifer Tour Chayes John Harsanyi John Maynard Smith Antoine Augustin Cournot John Nash John von Neumann Kenneth Arrow Kenneth Binmore Leonid Hurwicz Lloyd Shapley Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Axelrod Robert Aumann Robert B. Wilson Roger Myerson Samuel Bowles Suzanne Scotchmer Thomas Schelling William Vickrey
See also	All-pay auction Alpha–beta pruning Bertrand paradox Bounded rationality Combinatorial game theory Confrontation analysis Coopetition First-move advantage in chess Game mechanics Glossary of game theory List of game theorists List of games in game theory No-win situation Solving chess Topological game Tragedy of the commons Tyranny of small decisions

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Win–win game

Topic: Social

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