Competitive irrationality: When being better is a bad strategy
Graf-Vlachy L (2021)
Publication Type: Journal article
Publication year: 2021
Journal
Book Volume: 6
Pages Range: 37-43
Journal Issue: 1
Abstract
Some situations allow managers to forfeit absolute profit in exchange for a favorable standing as compared to competitors. In this article, the author explains when such decisions may be wrong, which deeply-rooted evolutionary reasons are responsible for their allure to managers, and how managers can improve their decision making.
Involved external institutions
Germany (DE)How to cite
APA:
Graf-Vlachy, L. (2021). Competitive irrationality: When being better is a bad strategy. Rutgers Business Review, 6(1), 37-43.
MLA:
Graf-Vlachy, Lorenz. "Competitive irrationality: When being better is a bad strategy." Rutgers Business Review 6.1 (2021): 37-43.
BibTeX: Download