Deception and Mutual Trust: A Reply to Strudler

Peter Cramton and J. Gregory Dees

Papers of Peter Cramton from University of Maryland, Department of Economics - Peter Cramton

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.

Keywords: Signaling; Negotiations; Business Ethics; Private Information (search for similar items in EconPapers)
JEL-codes: D82 M29 (search for similar items in EconPapers)
Pages: 10 pages
Date: 1995, Revised 1998-06-09
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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.

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