Not all competitive situations are zerosum games; collaboration can yield mutual benefits from "summary" of The Art of Strategy by Avinash K Dixit,Barry J Nalebuff
Competitive situations often evoke the notion of a fixed pie, where one party’s gain is another’s loss. This mindset, however, overlooks the potential for collaboration that can lead to outcomes beneficial for all involved. In many scenarios, players can create value through cooperative strategies, transforming adversarial interactions into opportunities for mutual advantage. Consider two companies competing in the same market. If each focuses solely on capturing market share at the expense of the other, they may engage in destructive price wars that diminish profits for both. Alternatively, they might find ways to collaborate, such as forming a joint venture or sharing research and development costs. This cooperation can lead to innovation, enhanced efficiency, and ultimately greater pr...
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