Comment Comment by cousin_it General rule: work spent on getting better at a zero-sum game is valuable to the player doing it, but if all players do it, the result is waste.Example 1: companies spending on advertising to increase their share of a fixed market.Example 2: managers hiring more people for their team to look more important within the larger company.Example 3: if social status is determined by looking tougher than others, everyone will spend resources to look tough.I think such waste is the main reason for failure of groups, and coordinating to prevent it is the main reason for success of groups. parent cousin_it 7 years ago
Example 1: companies spending on advertising to increase their share of a fixed market.
Example 2: managers hiring more people for their team to look more important within the larger company.
Example 3: if social status is determined by looking tougher than others, everyone will spend resources to look tough.
I think such waste is the main reason for failure of groups, and coordinating to prevent it is the main reason for success of groups.