Sunday, July 11, 2010

Win-Lose:: Are you a Loser?

|"You were not born a winner, and you were not born a loser. You are what you make yourself to be."

Post written by Anshul Gupta. Follow me on twitter.

The best reasonable explanation (from a completely indifferent point of view!) for a win-lose situation can be given using game theory fundamentals:

It defines:

"Win-win, win-lose, and lose-lose are game theory terms that refer to the possible outcomes of a game or dispute involving two sides, and more importantly, how each side perceives their outcome relative to their standing before the game."

The point to be noticed, which many of us miss while reading this definition is: "how each side perceives their outcome relative to their standing before the game!" That means--whether a outcome becomes a win or a lose, is governed by our perception, and our perception is molded by our value system!

And same is true for the party at the other end...

|"Expectations determine one's perception of any given result."

There are many examples to illustrate the above point:

--> It happens in most of situations involving some kind of negotiation, like: diplomatic negotiations, or price bargaining done by consumers while making purchase.

--> Many students think that they won by scoring more in exams while reading (comprehending less), but others' value system may not consider their outcome in exams as a lose; because their value system was focusing on learning as much as they could!

The point to be jotted inside our minds is that, we can decide a win or lose only under the circumference of our own value system. And nobody can ever defeat you in his/her value system. You can be defeated only when you are defeated in your value system. You can never be loser, until you decide that you are!
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