Lead on Purpose

AUGUST 29, 2016

In game theory and economic theory, zero-sum describes a situation in which one person’s gain is exactly balanced by another person’s loss. In games like chess, one person wins and the other loses. The win (+1) added to the loss … Continue reading →

Game Theory 133

Game Theory Positioning Succession 133

Lead on Purpose

AUGUST 29, 2016

In game theory and economic theory, zero-sum describes a situation in which one person’s gain is exactly balanced by another person’s loss. In games like chess, one person wins and the other loses. The win (+1) added to the loss … Continue reading →

Game Theory 133

Game Theory Positioning Succession 133

Let's Grow Leaders

SEPTEMBER 15, 2014

He’d done everything he could to position himself for the next promotion. This time, the “I’m sorry, we’ve given the position to some else” call ended with “we’re concerned about your ability to be strategic.” John’s frustration had turned to exacerbation. His results were amazing.

Management 439

Management How To Game Theory Tactics 439

The Horizons Tracker

OCTOBER 11, 2021

Traditionally, game theorists posit that cooperation rests on theories of reciprocity, and therefore our confidence that if we cooperate with others, that they will do likewise with us.

Cooper 131

Cooper Tactics Tips Follow-up 131

Lead on Purpose

JUNE 11, 2009

In games like chess , one person wins and the other loses. In games like chess , one person wins and the other loses. Life in the business world at times feels like a zero-sum game. As you move up the ladder of success the number of positions decreases and the pressure to succeed increases.

Succession 133

Succession Game Theory Outsourcing Covey 133

Harvard Business Review

MARCH 12, 2012

First, the company would increase the amount of free source material for its bio-fuel facility, which would lead to lower per-unit cost of bio-fuel energy, expediting a positive return on its investment. Therefore it's time to extend the concept of game theory to upstream activities too.

Co-Opetition 14

Co-Opetition Company Brandenburger Game Theory 14

The Horizons Tracker

SEPTEMBER 8, 2022

The researchers conducted a trust game experiment, whereby human volunteers were asked to bestow a $10 endowment to a partner, who was either a human, a robot, or a robot acting on behalf of a human. It was in many ways a classic game theory setup, with the human volunteer knowing that gains were to be made, but the trust would be key.

Game Theory 121

Game Theory Technology Objective Development 121