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A game-theoretic analysis of professional rights and responsibilities

✍ Scribed by James C. Gaa

Publisher
Springer
Year
1990
Tongue
English
Weight
992 KB
Volume
9
Category
Article
ISSN
0167-4544

No coin nor oath required. For personal study only.

✦ Synopsis

Professions are granted autonomy by society, to regulate their own affairs. In return for the economic benefits autonomy grants to professions, society expects professions to act in a socially responsible manner. This paper presents a game-theoretic analysis of the relationship between society and professions, which shows that the relationship is unstable in the face of opportunities for professions to renege on the "social contract." It also shows how periodic controversies regarding the degree to which professionals act in the "public interest" are expected to occur periodically, and how they are resolved.

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