Wednesday, January 14, 2009

Lessons from Satyam Fiasco


In game theory and economic theory, zero-sum describes a situation in which a participant's gain / loss is exactly balanced by the loss / gain of the other participant(s). If the total gains of the participants are summed up, and the total losses are subtracted, they will sum to zero.

Example : Cutting a cake is zero sum because taking a larger piece reduces the amount of cake available for others.

Winners : Raju and his family members

Losers : Employees,Vendors,Investors and so many stakeholders, be it direct or indirect.

No comments:

Post a Comment