Prisoners' dilemma

Patrick Marren (Consultant at The Futures Strategy Group, Crystal Lake, Illinois, USA)

Journal of Business Strategy

ISSN: 0275-6668

Publication date: 3 May 2011

Abstract

Purpose

The purpose of this article is to speculate about the reasons why our economic “game” may be broken.

Design/methodology/approach

Essay.

Findings

Businesses in the United States seem to be employing a shared mental model that makes sense at the level of the firm but which at the level of the economy, and the average American, does not seem to be working.

Originality/value

Speculation about why rational decision‐making at the firm level that in the past has caused general welfare to increase no longer seems to be doing that.

Keywords

Citation

Marren, P. (2011), "Prisoners' dilemma", Journal of Business Strategy, Vol. 32 No. 3, pp. 50-52. https://doi.org/10.1108/02756661111122009

Download as .RIS

Publisher

:

Emerald Group Publishing Limited

Copyright © 2011, Emerald Group Publishing Limited

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