by I few weeks ago I was approached to write an article about “game theory and organizations”…I wasn’t quite sure what to talk about at first, but then I realized that managers play “games” with their employees every time them implement any type of inventive system (or promotion system, for that matter!). So let’s think about the different factors we should think about when structuring incentives in the workplace, both to maximize profitability but also to do right by workers…
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Jodi Beggs considers the following as important: Economics, game theory, incentives, organizational behavior, organizations
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I few weeks ago I was approached to write an article about “game theory and organizations”…I wasn’t quite sure what to talk about at first, but then I realized that managers play “games” with their employees every time them implement any type of inventive system (or promotion system, for that matter!). So let’s think about the different factors we should think about when structuring incentives in the workplace, both to maximize profitability but also to do right by workers…