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Weekly Round-Up: 3 Lessons in Mental Toughness, Supporting Employees During COVID-19, Test of Leadership, Creating a Crisis Communications Strategy

leaderCommunicator

If you've seen the movie, "A Beautiful Mind," you'll know John Nash was the Princeton genius who received the Nobel Prize for founding non-cooperative, Game Theory. What you might not know is, by Nash's reckoning, several tools of mental toughness were instrumental in his winning his life-long battle with schizophrenia.”

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How Teams Can Function When They Have Conflicting Goals

The Horizons Tracker

This was joined by a computer model that utilized Bayesian statistics and differential game theory to simulate such interactions. By contrast, when you lack such information, you tend to develop strategies that minimize the need for such information in the first place. Optimal cooperation.

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How to Help Managers Become More Strategic

Let's Grow Leaders

Instead invest in your highly talent managers and teach them the art of strategy. For example, being able to think strategically in the high-tech industry involves a nuanced understanding of strategy topics such as network effects, platforms, and standards. Resist the urge to label and box your talent and move on. It’s a win-win.

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New Study Highlights How Drivers Are Artificially Boosting Uber Fares

The Horizons Tracker

New research from TU Dresden explores how this strategy works. The joint strategy aims to bring the market into balance, as if demand exceeds availability, travel costs will rise. ” Profitable strategy. The researchers use game theory to explore when such a strategy would be profitable for drivers.

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Determining Liability In Accidents Involving Driverless Cars

The Horizons Tracker

The researchers built a game theory inspired model to show how actors might interact with one another. The team used game theory to better model the way each actors strategy might interact with the others. .” Modeling the world.

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How We Contribute To Mistrust In Politics

The Horizons Tracker

“We observed that people pick up and communicate more about strategy and the selfish behavior of politicians than the political content itself,” the researchers explain. “We can also see that mistrust spreads.

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Al Roth’s Pioneering Work In “Market Design”

First Friday Book Synopsis

To check out all the resources, sign up for free email alerts, and obtain subscription information, please click here. * * * Al Roth, expert in game theory, experimental economics, and market design, is all about getting economists more [.]. Mangelsdorf and featured online by MIT Sloan Management Review.