Are you my friend, my rival, or both? Maurice Schweitzer and Adam Galinsky, a pair of social psychologists who study behavioral decision-making, posit that in every relationship we are at once cooperating and competing with one another. Schweitzer and Galinsky penned a book on the subject, entitled “Friend or Foe: When to Cooperate, When to Compete, and How to Succeed at Both,” which explores real-world case studies to illustrate the dynamics between rivalry and coordination. Their conclusions about power relations and social comparisons offer valuable insights for entrepreneurs and business professionals. So, Business News Daily caught up with Schweitzer, a professor at the Wharton Business School at the University of Pennsylvania, to find out what the implications of his research are for the business world.

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