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Deception and Mutual Trust: A Reply to Strudler

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Author Info
Peter Cramton () (Economics Department, University of Maryland)
J. Gregory Dees

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Abstract

Alan Strudler has written a stimulating and provocative article about deception in negotiation. He presents his views, in part, in contrast with our earlier work on the Mutual Trust Perspective. We believe that Strudler is wrong in his account of the ethics of deception in negotiation and in his quick dismissal of the Mutual Trust Perspective. Though his mistakes may be informative, his views are potentially harmful to business practice. In this paper, we present arguments against Strudler's position and attempt to salvage the Mutual-Trust Perspective from his attack. Strudler's work reaffirms the need for a more pragmatic approach to business ethics. We close the paper with a renewed call for more constructive and practical approaches to business ethics research.

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File URL: http://www.cramton.umd.edu/papers1995-1999/95beq-deception-and-mutual-trust.pdf
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Publisher Info
Paper provided by University of Maryland, Department of Economics - Peter Cramton in its series Papers of Peter Cramton with number 95beq.

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Length: 10 pages
Date of creation: 1995
Date of revision: 09 Jun 1998
Publication status: Published in Business Ethics Quarterly, 5:4, October 1995, pages 813-822. Reprinted in Carrie Menkel-Meadow and Michael Wheeler, eds., What's Fair, John Wiley & Sons, 2004.
Handle: RePEc:pcc:pccumd:95beq

Contact details of provider:
Postal: Economics Department, University of Maryland, College Park, MD 20742-7211
Phone: (202) 318-0520
Fax: (202) 318-0520
Web page: http://www.cramton.umd.edu

For technical questions regarding this item, or to correct its listing, contact: (Peter Cramton).

Related research
Keywords: Signaling; Negotiations; Business Ethics; Private Information;

Find related papers by JEL classification:
D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information
M29 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics - - - Other

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Peter Cramton & J. Gregory Dees, 1991. "Shrewd Bargaining on the Moral Frontier: Toward a Theory of Morality in Pratice," Papers of Peter Cramton 91beq, University of Maryland, Department of Economics - Peter Cramton, revised 09 Jun 1998. [Downloadable!]
  2. Kennan, John & Wilson, Robert, 1993. "Bargaining with Private Information," Journal of Economic Literature, American Economic Association, vol. 31(1), pages 45-104, March. [Downloadable!] (restricted)
    Other versions:
  3. Peter Cramton & J. Gregory Dees, 1998. "Promoting Honesty in Negotiation: An Exercise in Practical Ethics," Papers of Peter Cramton 93beq, University of Maryland, Department of Economics - Peter Cramton, revised 09 Jun 1998. [Downloadable!]
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