Order Ethics, Economics, and Game Theory

In Christoph Luetge & Nikil Mukerji (eds.), Order Ethics: An Ethical Framework for the Social Market Economy. Springer. pp. 93-108 (2016)

Authors
Nikil S. Mukerji
Ludwig Maximilians Universität, München
Abstract
We offer a concise introduction to the methodology of order-ethics and highlight how it connects aspects of economic theory and, in particular, game theory with traditional ethical considerations. The discussion is conducted along the lines of five basic propositions, which are used to characterize the methodological approach of order ethics.
Keywords Pareto  Kaldor-Hicks  prisoner's dilemma  business ethics  Order Ethics  efficiency
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