New study debunks the theory of 'war-like' business competition in financial markets

(City University London) A new study, 'Toward a Social Practice Theory of Relational Competing' shows that the perception of war-like competitiveness is flawed and misleading. The research demonstrates that firms within syndicated financial markets, such as reinsurance, are just as likely to take a relational approach to competition, incorporating collaboration and reciprocity, contributing to and creating value for many players in the same market, even when they are rivals.

from EurekAlert! - Social and Behavioral Science http://ift.tt/2E6fD2x