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Why Your Company Should Partner with Rivals

Harvard Business Review

By translating game theory into pragmatic business strategy, Co-opetition cleverly showed companies a new path to revenue growth: It's better to own 20 percent share of a $10 billion market than it is to own 75 percent share of a $2 billion market. The other 70 percent winds up in landfills.

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How to Create Remarkable Teams PART 2 – Collaboration

Ask Atma

Some examples of shared team learning are: Regular seminars and guest lecturers: Bring in experts and professors on various topics related to the history, science, or culture of your industry as well as sociologists, anthropologists, and technologists who work in peripherally related fields. Nash Equilibrium, Pareto Principle).

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Strategy Lessons From Jean Tirole

Harvard Business Review

He then usually brings in the tools of game theory, in which his protagonists have to contend with other rational actors and the moves they might make. But Tirole’s 1980s work on industrial organization also found its way into thinking about business strategy. Should we lower our prices?” Should we increase production?”.

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A Wall Won’t Secure the U.S.-Mexico Border, but Economic Policy Could

Harvard Business Review

What the United States needs are smart economic policies that disrupt the market forces that are currently driving undocumented immigration. The same goes for construction and other industries where large numbers of undocumented immigrants find work. In game theory, this sort of situation is known as a “chicken-and-egg problem.”