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Game Theory - Its Applications to Ethical Decision Making

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  • Cavagnetto Stefano
  • Gahir Bruce

Abstract

The application of game theory according to Hargreaves-Heap and Varonfakis (1995) to understand human behaviour, and in particular ethical behaviour, is a valuable development, as game theory has gradually become one of the key frameworks to assist us in the understanding of social sciences. Esther (1982) and Aumann and Hart (1992) show that there are several studies that indicate the importance of a game theoretic framework in advancing our understanding of social behaviour and evolutionary sciences. Although the application of game theory in the above areas has largely been not formalised, its application in the fields of ethical conduct and human behaviour is at present developed in several respects with the gradual assistance of advances in related areas such as evolutionary biology and our understanding of group social behaviour.

Suggested Citation

  • Cavagnetto Stefano & Gahir Bruce, 2014. "Game Theory - Its Applications to Ethical Decision Making," CRIS - Bulletin of the Centre for Research and Interdisciplinary Study, Sciendo, vol. 2014(1), pages 1-19, January.
    • Handle: RePEc:vrs:bucris:v:2014:y:2014:i:1:p:19:n:5
    DOI: 10.2478/cris-2014-0005
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    References listed on IDEAS

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    7. Solomon, Robert C., 1999. "Game Theory As A Model For Business And Business Ethics," Business Ethics Quarterly, Cambridge University Press, vol. 9(1), pages 11-29, January.
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