MGMT 371 Class #28_Cooperation and Competition II_for students

MGMT 371 Class #28_Cooperation and Competition II_for students

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Cooperation and Competition II MGMT 371 – Class Session #28 Wednesday, October 29 th , 2008 Prof. Marc H. Anderson
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LEISURE vs. WORK “The purpose of life is not to be happy. The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. Happiness, in the ancient, noble version means self- fulfillment and is given to those who use to the fullest whatever talents God or luck or fate bestowed upon them.” – Leo Rosten
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Classroom Illustration Need four volunteers (who are strangers) Each volunteer decides to give between $0 and $5 to another person (in secret by writing down the amount) Whatever money is given, I’ll double None can tell what they did (during class) At the end of the class I’ll look at the envelopes and pay (if necessary)
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In Section A, there were 10 teams: 4 began by cooperating (6 competed) 2 were isolated (screwed); always competed thereafter In Section B, there were 12 teams: Only 2 began by cooperating (10 competed) The always cooperate score is 24 (for 6 rounds)! The best score was
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This note was uploaded on 03/05/2010 for the course MGNT 371 taught by Professor Anderson during the Fall '08 term at Iowa State.

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MGMT 371 Class #28_Cooperation and Competition II_for students

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