Game theory in business ethics: bad ideology or bad press?

Article Abstract:

The argument between Ken Binmore and Robert C. Solomon is typical of a game theorist and a critic of the application of game theory to business ethics. Binmore's argument that game theory never assumed the human nature theory that Solomon rejected is right. On the other hand, Solomon's argument that game theory comes with assumptions about human motivation is also correct. The problem with game theory is the manner in which it is presented which is misleading. Thus, game theory is not contrary to ethics, although it may not be able to offer a complete ethical theory.

Criticism and interpretation, Game theory, Binmore, Ken, Solomon, Robert C.

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Theorizing the ethical organization

Article Abstract:

Business ethics poses a challenge to organizations due to the difficulty of translating ethicality into corporate processes and practices. The problem is rooted in the one-sidedness of philosophical ethics, the self-interpretation of business ethics and the lack of an overarching paradigm to govern its applications. A theoretical understanding of the organization as a collective moral agent is needed, thus, a framework that links ethical theory an organization theory has been created.

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