Estimados profesores,

A nombre del Prof. Roberto Álvarez, Director del Departamento de Economía, hago extensiva la invitación a la tercera sesión del seminario interno para exponer trabajos en progreso y avances de tesis de estudiantes y de académicos de la Facultad, a realizarse el día viernes 8 de mayo.

En esta ocasión, el Profesor Juan Pablo Torres Cepeda presentará "Training Executives in Experiencing and Solving the Tragedy of the Commons", cuyo abstract se presenta más abajo.

El seminario se llevará a cabo a las 13:00 hrs en la sala 1605 de la torre. Se solicita confirmar asistencia con Pamela Fuentes al correo pamela.fuentes@econ.uchile.cl a más tardar el día jueves 07 de mayo a las 13:00 horas, ya que el seminario contempla almuerzo.

Quienes deseen inscribir presentaciones para futuras sesiones, por favor dirigirse con Damián Vergara al correo damian.vergara.d@gmail.com.

Atentos saludos,

Dirección de Investigación FEN

-----------------------------------

Training Executives in Experiencing and Solving The Tragedy of the Commons

Autor - Juan Pablo Torres Cepeda, Universidad de Chile, Chile

Abstract - This study proposes an approach for overcoming the lack of personal relevance in making unethical decisions by using virtual environments that asking teams of executive to solve an ethical dilemma. This study presents a dynamic decision model in a fish industry in which ten companies compete for catching limited stock of fish. However, if all groups invest at the same time, they can reduce the stock of fish, and therefore, they reduce the catch per ship. In the worst-case scenario, they can deplete the stock of fish completely. Ethical dilemma is presented by suggesting that the group of executives that minimize the overall cost will get an additional score in the final assignment of the executive MBA module, hence, they have many incentives to persuade their rivals about environmental damage to avoid rival’s investment of fleet, but at the same time, to increase the fleet faster than rivals.  Two types of conflicts emerge from the discussions of simulations: cognitive and affective conflicts. The paper proposes some considerations to guide executives to lead with such conflicts and improve ethical and unethical behavior within strategic decision-making processes.

Keywords - Ethical behavior, Ethical interactive learning, Group Conflicts, and Simulations