Edited by David Crowther and Linne Lauesen
Chapter 7: Game theory as a research tool for sustainability
Game theory was invented in 1928 and since then has been used extensively as a mathematical tool and within the economic and political strategy arenas. It provides a strategic decision-making tool and is also used extensively within business for strategic planning purposes. It has never, however, been used as a research tool for corporate social responsibility (CSR). In this chapter the author explains the principles of the theory and its application and shows how its utility comes from its explanatory power; she therefore argues its relevance and shows how it can be used to further research within CSR.
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