Showing posts with label Telstra. Show all posts
Showing posts with label Telstra. Show all posts

Sunday, 20 September 2009

Word of the day

One of my favourite expressions is win-win, and the expression was recently used by Bryan Frith in The Australian to describe the Commonwealth Government's recent announcement relating to Telstra. The piece was headed "Reform package a win-win for all but Telstra." But given that Telstra is the major party in the reform package, surely this is a win-lose situation? How can youo have win-win when the major party loses?

The term applies in both game theory and conflict resolution, according to the Wikipedia, and according to the Wictionary, win-win is an adjective. And according to the Wikipedia article, non-zero-sum is a synonym. Brad Spangler, on the Beyond Intractability website, points out that a win-win situation doesn't necessarily involve everyone winning - but everyone believes he has won.

Nevertheless, I think that Telstra lost, making it a win-lose, or possibly a win-loss, to turn the expression into a noun.