The Bankers' Dilemma: Need for Stakeholder Gaming to Understand the Poor Little Rich Boy

7 Pages Posted: 4 Nov 2012 Last revised: 7 Nov 2012

See all articles by Arvind Ashta

Arvind Ashta

CEREN EA 7477 Burgundy School of Business - Université Bourgogne Franche-Comté

Date Written: November 7, 2012

Abstract

If bankers are treated as wolves, they reply that they cannot behave as dolphins while swimming with sharks. What kind of new games and incentives are required to allow people to modify behavior? Clearly, education as we know it is not the answer for it produces rules that lead to shark like behavior. Permitting sharks to modify rules only leads to new rules which permit sharks to win.

Keywords: Corporate Social Responsibility, CSR, banking, financial crisis, social performance, incentives, ethics, games

JEL Classification: C7, G21, G3, M14

Suggested Citation

Ashta, Arvind, The Bankers' Dilemma: Need for Stakeholder Gaming to Understand the Poor Little Rich Boy (November 7, 2012). Available at SSRN: https://ssrn.com/abstract=2170879 or http://dx.doi.org/10.2139/ssrn.2170879

Arvind Ashta (Contact Author)

CEREN EA 7477 Burgundy School of Business - Université Bourgogne Franche-Comté ( email )

29 rue Sambin
21000 Dijon
France

Register to save articles to
your library

Register

Paper statistics

Downloads
53
Abstract Views
401
rank
373,603
PlumX Metrics