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Games Students Play: Incorporating the Prisoner's Dilemma in Teaching Business Ethics

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Abstract

The so-called "Prisoner's Dilemma" is often referred to in business ethics, but probably not well understood. This article has three parts: (1) I claim that models derived from game theory are significant in the field for discussions of prudential ethics and the practical decisions managers make; (2) I discuss using them as a practical pedagogical exercise and some of the lessons generated; (3) more speculatively, I suggest that they are useful in discussions of corporate personhood.

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Gibson, K. Games Students Play: Incorporating the Prisoner's Dilemma in Teaching Business Ethics. Journal of Business Ethics 48, 53–64 (2003). https://doi.org/10.1023/B:BUSI.0000004367.60776.b3

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  • DOI: https://doi.org/10.1023/B:BUSI.0000004367.60776.b3

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