03. prisoner's dilemna
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Transcript of 03. prisoner's dilemna
Murnighan’s Definitional ModelOf
Human Behavior
Definition
Motivation
Strategies
Behavior
Prof. Tirupati Misra@ibslko
• Some groups (especially those well versed in rational choice) think that there is absolutely no chance for cooperation in the last round. But many groups do cooperate in the last round
How?
They Change the game –They try to take the temptation away –A highly recommended strategy for leaders
Prof. Tirupati Misra@ibslko
Examples of Prisoners’Dilemmas
• Depleting a Limited Resource Redfish in the Gulf of Mexico Saving Water in a Drought Overuse of National Parks
• Provoking Competition in an Industry American Airlines and the Frequent Flyer Programs Price Wars Opening on Sundays Opening Evenings
Prof. Tirupati Misra@ibslko
• Closer to Home Bosses and their Secretaries Working Together Supporting Each Other Cross functional Teams Sharing Expertise Covering for Each Other
• In FamiliesGood Relations W. Tennagers??
Prof. Tirupati Misra@ibslko
Groups CooperateExclusivity Noncooperation
The Moral:
Define Groups InclusivelyAnd Get Buy-In
Prof. Tirupati Misra@ibslko