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An Economic Perspective on Leadership
Zupan, Mark A.Book Chapter HBS-6135BC-ELeadership and People ManagementThis chapter seeks to advance our understanding of leadership and to show that it has the potential to be a science as well as an art. The author demonstrates how effective leaders make decisions by solving the classic prisoner's dilemma-a concept borrowed from economics. The prisoner's dilemma, simply put, is the choice between turning state's evidence against your partner in crime, confessing, and getting a lighter punishment (while your partne...Starting at €8.20