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17: Jailhouse rocks? Or wouldn’t it be better to break out of the prisoner’s dilemma altogether?

Breakout / Working Group
german language

The paradox of the prisoner s dilemma used in game theory shows that win-win situations are always best. But can this insight be applied in practice? Isn t it precisely the courage to do things differently that triggers innovation? What is the right balance between conflict and cooperation and can the key value of trust help us to break out of this dilemma?


Director, IHS - Institute for Advanced Studies, Vienna
Senior Partner, PwC Austria; former President of the Institut Österreichischer Wirtschaftsprüfer, Vienna
Chief Executive Officer, VIG - Vienna Insurance Group AG, Vienna
Managing Director and Founder, PVA Advisory GmbH, Zurich
Founder and Director, gross:media e.U., Vienna Chair

Dr. Univ.-Prof. Martin KOCHER

Director, IHS - Institute for Advanced Studies, Vienna

2002 Doctorate, Economics, University of Innsbruck
2002-2007 Assistant Professor, University of Innsbruck and University of Amsterdam
2007-2010 Visiting Professor, Department of Economics, University of Munich
2010 Full Professor in Behavioral and Experimental Economics, University of East Anglia, Norwich
since 2011 Full Professor of Economics, University of Munich
since 2011 Affiliate Professor, University of Gothenburg
2012-2013 Dean, Department of Economics, University of Munich
2013 Affiliate Professor, Queensland University of Technology, Brisbane
2013-2016 Professor of Economics, Ludwig-Maximilian-University, Munich
since 2016 Director, IHS - Institute for Advanced Studies, Vienna

Mag. Dr. Aslan MILLA

Senior Partner, PwC Austria; former President of the Institut Österreichischer Wirtschaftsprüfer, Vienna

 Studium der Sozial- und Wirtschaftswissenschaften, Fachrichtung Betriebswirtschaft
 Doktoratsstudium der Sozial- und Wirtschaftswissenschaften
 Post Graduate Ausbildung als Scholar an der Abteilung Betriebswirtschaft und Operations-Research am Institut für Höhere Studien in Wien
seit 1986 PricewaterhouseCoopers, Wien
seit 1996 Partner, PricewaterhouseCoopers

Prof. Elisabeth STADLER

Chief Executive Officer, VIG - Vienna Insurance Group AG, Vienna

1980-1983 Actuarial Mathematics Studies, Technische Universität Wien
1983 Entry into Bundesländer Versicherung, life insurance
2003-2009 Board, UNIQA Personenversicherung AG and Call Direct Versicherung AG
2005-2009 Board, Raiffeisen Versicherung AG and FinanceLife Lebensversicherung AG
2009-2014 Chairwoman, ERGO Austria International AG
2014-2016 Chief Executive Officer, Donau Versicherung AG
since 2016 Chief Executive Officer, VIG - Vienna Insurance Group AG


Managing Director and Founder, PVA Advisory GmbH, Zurich

1993-2000 Johannes Kepler University of Linz School of Law and School of Business Administration, Austria
1998 Assistant for MEP Paul Ruebig, European Parliament, Brussels
1999-2000 Clerk, District Court and Court of Appeals, Linz
2000-2001 Duke University School of Law, USA
2001 Research Assistant for Professor Steven L. Schwarcz in collaboration with Fuqua Business School, Duke
2001-2002 Visiting Researacher for Doctoral Thesis, Harvard Law School, USA
2000-2002 Johannes Kepler University Linz School of Law, Austria
2002-2003 Associate, Banking- and Financial Law Department, Freshfields Bruckhaus Deringer LLP, Vienna
2003-2005 Specialist, Department of Financial Services and Compliance, Division of Securities Supervision, FMA - Financial Market Authority, Vienna
2005 Self-employed advisor for ERI private equity in Boston
2006-2008 Director, Legal Engineering, Julius Baer Investment Funds Services Ltd, Zurich
2008-2009 Director, Private Labeling Funds Team, Julius Baer Investment Funds Services Ltd, Zurich
2009-2010 Head Legal and Compliance Department, Robeco SAM - Sustainable Asset Management AG, Zurich
since 2011 Managing Director and Founder, PVA Advisory GmbH, Zurich

Gerald GROSS

Founder and Director, gross:media e.U., Vienna

1987-1988 Freier Mitarbeiter bei AZ und profil
1988-1997 Redakteur im ORF Landesstudio Burgenland
1992-1997 Moderation der Fernsehsendung "Burgenland heute"
1997-1998 Redakteur im ORF-Hörfunk in Wien
1998 Nachrichtenchef bei Ö3, Chefredakteur im Landesstudio Burgenland
2001 Moderation der ZIB2, Nachfolger von Robert Hochner
2002 Moderation der ZIB1, Nachfolger von Josef Broukal, und Moderation von "Modern Times"
2007 Doppelmoderation der ZIB1 gemeinsam mit Ingrid Thurnher
2008-2011 Doppelmoderation der ZIB1 gemeinsam mit Hannelore Veit
2011 Gründung der Firma gross:media e.U.(Medientraining, Moderation)

Economic Symposium

show timetable


10:00 - 12:30Charity Soccer Match - Good Game, Good PurposeSocial
14:00 - 14:30OpeningPlenary
14:30 - 15:30Conflict or cooperation? The human factor in the economyPlenary
15:30 - 16:15Meet the Speaker: Alex 'Sandy' PentlandPlenary
15:30 - 16:15Meet the Speaker: Ernst FehrPlenary
16:15 - 17:45Business 2050: Europe's search for the competitive edgePlenary
18:30 - 20:00ecoplus and "So schmeckt Niederösterreich" Lower Austria EveningSocial
20:00 - 22:00The Alpbach Debate: globalisation and free tradePlenary


08:00 - 09:0017th management club Business BreakfastPartner
08:45 - 11:30Talk on the Mountain: Decide! Quickly! And correctly!Partner
09:00 - 10:30Artificial intelligence and the future of workPlenary
11:00 - 13:30Breakout Session 01: Basic income or welfare state?Breakout
11:00 - 13:30Breakout Session 02: Low productivity growth despite the digital revolution? Lessons for EuropeBreakout
11:00 - 13:30Breakout Session 03: Competition boosts business. Cooperation spurs prices?Breakout
11:00 - 13:30Breakout Session 04: The machine colleague - friend or foe?Breakout
11:00 - 13:30Breakout Session 05: Climate protection & economy. (No) contradiction?Breakout
11:00 - 13:30Breakout Session 06: Foreign direct investments - curse or blessing?Breakout
11:00 - 13:30Breakout Session 07: Leadership in complex times: doing the splits between conflict and cooperationBreakout
11:00 - 13:30Breakout Session 08: Business location vs. intact environment - an irresolvable conflict?Breakout
11:00 - 13:30Breakout Session 09: "The power of we": conflict and cooperation between men and women in the economyBreakout
11:00 - 13:30Breakout Session 10: It's the innovation, stupid! How to become a successful entrepreneur in the digital ageBreakout
13:30 - 15:00Lunch ReceptionSocial
15:00 - 17:30Breakout Session 11: International trade: cooperation vs. autonomyBreakout
15:00 - 17:30Breakout Session 12: The social partnership: There's no time for fussing and fighting, my friend!Breakout
15:00 - 17:30Breakout Session 13: Talking climate: irritation and innovation engine for economy and societyBreakout
15:00 - 17:30Breakout Session 14: Homo faber digitalis: the working (wo)man in the global digital marketBreakout
15:00 - 17:30Breakout Session 15: Cooperation vs. competition: economic policy in the EUBreakout
15:00 - 17:30Breakout Session 16: Trends and counter-trends - conflict and cooperation in the economyBreakout
15:00 - 17:30Breakout Session 17: Jailhouse rocks? Or wouldn't it be better to break out of the prisoner's dilemma altogether?Breakout
15:00 - 17:30Breakout Session 18: How the lack of IT and network security threatens the European digital economyBreakout
15:00 - 17:30Breakout Session 19: Conflict through cooperation: legal liability for human rights abuses in global supply chainsBreakout
15:00 - 17:30Breakout Session 20: There can only be one? Revisiting corporate successionBreakout
18:00 - 19:30Don't confuse trying with doing!Plenary
19:00 - 20:30Fireside Talk: Minimum wage - curse or blessing?Partner
22:00 - 00:00Magenta NightSocial


08:00 - 10:30Alpbach Hike: resources - from conflict potential to potential innovationPlenary
08:00 - 09:00Breakfast ClubPartner
08:30 - 09:30"Kater" BreakfastPartner
10:45 - 11:45We have learned nothing from the crisis!Plenary
11:45 - 12:30Conflict and cooperation in the social partnershipPlenary
16:30 - 20:00Economic DialoguePartner