Business Ethics Quarterly 9 (1):11-29 (1999)

Fifty years ago, two Princeton professors established game theory as an important new branch of applied mathematics. Gametheory has become a celebrated discipline in its own right, and it now plays a prestigious role in many disciplines, including ethics,due in particular to the neo-Hobbesian thinking of David Gauthier and others. Now it is perched at the edge of business ethics. I believethat it is dangerous and demeaning. It makes us look the wrong way at business, reinforcing a destructive obsession with measurableoutcomes and a false sense of competition. It falsely characterizes or insidiously advocates a style of human behavior that is utterlyunacceptable. To put the matter quite crudely, a person who actually practiced the form of "rationality" advocated by game theory wouldbe something of a monster
Keywords Applied Philosophy  Business and Professional Ethics  Social Science
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Reprint years 1999
ISBN(s) 1052-150X
DOI 10.2307/3857632
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The Uses and Abuses of Agency Theory.Joseph Heath - 2009 - Business Ethics Quarterly 19 (4):497-528.
Business is Not a Game: The Metaphoric Fallacy.Maurice Hamington - 2009 - Journal of Business Ethics 86 (4):473-484.
Game Theory and Business Ethics.Ken Binmore - 1999 - Business Ethics Quarterly 9 (1):31-35.

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