What happens when you ask two people to play the famous prisoner’s dilemma game? In theory, if people are smart and rational, both participants would keep their mouths shut and walk away free.
I cannot talk about Wall Street, but I can speak about consulting and technology in the US due to my experience in both, and I have worked with a lot of brilliant and not-so-smart people:
“Smart people cooperate, and dumb people compete.”
The above statement oversimplifies reality and is not as black and white as the study suggests. It also depends on the context. If there is an advantage in cooperating, people cooperate; otherwise, they compete, and in most cases, they do both simultaneously.
Additionally, smart people's egos can play a significant role, and sometimes, they can be destructive, doing things that not only hurt the organization but also themselves to prove their point.
"Striving for peace and cooperation instead of competition and war is a natural impulse of the human species when we consider our interconnectedness." -- Albert Einstein
"Those communities which included the greatest number of the most sympathetic members would flourish best." -- Charles Darwin
"The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." -- Charles Bukowski
I do a fair amount of sail racing. I sail with 2 different crews. One is extremely competitive and the other more cooperative. You can guess the IQ of each crew and likely results based on your article.
Thanks for sharing
It gives on conditional flavor to the book of Axelrod on cooperation !
I cannot talk about Wall Street, but I can speak about consulting and technology in the US due to my experience in both, and I have worked with a lot of brilliant and not-so-smart people:
“Smart people cooperate, and dumb people compete.”
The above statement oversimplifies reality and is not as black and white as the study suggests. It also depends on the context. If there is an advantage in cooperating, people cooperate; otherwise, they compete, and in most cases, they do both simultaneously.
Additionally, smart people's egos can play a significant role, and sometimes, they can be destructive, doing things that not only hurt the organization but also themselves to prove their point.
That kinda of makes sense.
When , I meet people, I naturally cooperate, but if they don't follow the rules, then, I out compete them. Their lose.
"Striving for peace and cooperation instead of competition and war is a natural impulse of the human species when we consider our interconnectedness." -- Albert Einstein
"Those communities which included the greatest number of the most sympathetic members would flourish best." -- Charles Darwin
"The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." -- Charles Bukowski
I do a fair amount of sail racing. I sail with 2 different crews. One is extremely competitive and the other more cooperative. You can guess the IQ of each crew and likely results based on your article.