Thursday , December 12 2019
Home / Managerial Econ / What makes CEO’s different?

What makes CEO’s different?

Summary:
They know how to play cooperatively in games like the Prisoners' dilemma, where there is a tension between cooperation (I get a smaller slice of a bigger pie) and competition (I get a bigger slice of a smaller pie).BOTTOM LINE:  CEO's "cooperate more, play less hawkish and thereby earn much more than the control group."HT:  marginal revolution

Topics:
[email protected] (Luke Froeb) considers the following as important: ,

This could be interesting, too:

[email protected] (Luke Froeb) writes Time to Experiment with Price Transparency in Health care

[email protected] (Unknown) writes Is this collusion?

[email protected] (Luke Froeb) writes Does a sense of fairness make us better bargainers?

[email protected] (Luke Froeb) writes The benefits of being WEIRD (Western, Educated, Industrialized, Rich, Democratic)

They know how to play cooperatively in games like the Prisoners' dilemma, where there is a tension between cooperation (I get a smaller slice of a bigger pie) and competition (I get a bigger slice of a smaller pie).

BOTTOM LINE:  CEO's "cooperate more, play less hawkish and thereby earn much more than the control group."

HT:  marginal revolution

Leave a Reply

Your email address will not be published. Required fields are marked *