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Zero Sum Games
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| 05/27/2004 09:37 AM by Vihang; zero sum game |
What I suppose you mean is whether the zero sum status stays always. Not really. For instance, I would excercise the option I bought only if I am going to profit. But the short or long position of the the person who has sold the option [View full text and thread]
Ex post, in monetary terms, when the option is exercised, what one partner gains is what the other partner loses. In economics, however, we know that two partners agree to a transaction because both, at least ex ante, expect to obtain gains from trade. So, only ex post, in monetary terms, it's like a zero-sum game. [Manage messages]
| 01/31/2001 07:25 AM by DAVID RYNN; FUTURES AND OPTIONS MARKETS |
Can anybody let me know if there is a view among "Game Theorists" as to whether trading in futures and options contracts on exchanges such as CBOT, LIFFE and CME is a zero-sum game? I am trying to get my head round the concept, and [View full text and thread]
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