By considering what we identify as a problem inherent in the ‘nature of the firm’ – the risk of abuse of authority – we propound the conception of a Social Contract Theory of the Firm which is truly Rawlsian in its inspiration. Hence, we link the Social Contract Theory of the Firm...

The most evident shortcoming of the international agreements on climate actions is the compliance to their prescriptions. Can John Rawls’s social contract theory help us to solve the problem? We apply the veil of ignorance decision-making setting in a sequential dictator game to study the...

This is the second part of a comprehensive essay on the Rawlsian view of CSR (corporate social responsibility) seen as a multistakehodler model of corporate governance. I describe the repeated game among the firms and its stakeholders so that several types of reputations, based on the full or...

This is the third part of a comprehensive essay on the Rawlsian view of corporate social responsibility (CSR) seen a multi-stakeholder fiduciary model of corporate governance (see part I). A game theoretical model of the interplay between the owner (who controls the firm) and all the remaining...