Video Broadcast : #029
Text Update : January 15, 2021
Zero Sum Games
- In a two person zero sum game, there is usually a winner and a loser.
- In multiple person zero sum game, there is usually some winners and some losers.
- In some competitions, there is a tie-breaker to ensure that there are no joint winners.
- If two persons in a class end up lifting equal weights, the lighter persons.
- If two soccer teams are tied at the end of regulation and also at the end of overtime, penalty kicks are taken to decide the winner.
- One or more overtime periods may be necessary to break the tie in a basketball game.
Win – Win
- In some cases, we may use a WIN-WIN strategy.
- For example, a company can built up a strong talent pool by offering elite professionals to work remotely,
The employees do not have to relocate from their preferred environment
We may try out FOUR WINS strategy.
- Win for oneself
- Win for one’s family
- Win for one’s work and/or company
- Win for one community
For example, one might join Toastmasters to improve one’s communication and leadership skills. One learns about the importance of listening, effective evaluation, role taking, and time management. Some Toastmasters ask their spouse and children to join Toastmasters. The skills can enable FOUR WINS.
- One should look at the big picture. If one cares only for oneself and ignore the needs of others, a “win” for oneself might result in a “loss” for one’s family, company or community.
The price of being a successful astronaut is high.
One has to train extensively in a place far from the family.
According to a report, only three (or so) of the 30 (or more) astronauts remained with their spouses after the arduous program.
- How to win friends and influence people (by Dale Carnegie)
Translation : Meikta Bala Ti Ka (by U Nu)
- Winner Inn
Family run business in Yangon
- Winner Computers
Run by some UCC alumni