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In mathematics, an empty sum, or nullary sum, [1] is a summation where the number of terms is zero. The natural way to extend non-empty sums [ 2 ] is to let the empty sum be the additive identity . Let a 1 {\displaystyle a_{1}} , a 2 {\displaystyle a_{2}} , a 3 {\displaystyle a_{3}} , ... be a sequence of numbers, and let
In mathematics, an empty product, or nullary product or vacuous product, is the result of multiplying no factors. It is by convention equal to the multiplicative identity (assuming there is an identity for the multiplication operation in question), just as the empty sum—the result of adding no numbers—is by convention zero, or the additive identity.
The zero-sum property (if one gains, another loses) means that any result of a zero-sum situation is Pareto optimal. Generally, any game where all strategies are Pareto optimal is called a conflict game. [7] [8] Zero-sum games are a specific example of constant sum games where the sum of each outcome is always zero. [9]
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The discounted payback period (DPB) is the amount of time that it takes (in years) for the initial cost of a project to equal to the discounted value of expected cash flows, or the time it takes to break even from an investment. [1] It is the period in which the cumulative net present value of a project equals zero.
The goal is to allocate every dollar of your income so that your income minus expenditures equals zero at the end of the budget period. So, if your income is $5,000 a month, you would allocate ...
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In number theory, zero-sum problems are certain kinds of combinatorial problems about the structure of a finite abelian group. Concretely, given a finite abelian group G and a positive integer n , one asks for the smallest value of k such that every sequence of elements of G of size k contains n terms that sum to 0 .
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