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Decision Making in Multiple Value Perspectives

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International Journal of Value-Based Management

Abstract

The paper presents an operationalised model for responsible decision making in corporate context. The starting point is Kenneth E. Goodpaster's conception of moral responsibility. Basic empirical findings of decision psychology are used to arrive at a robust model of making responsible decisions. In the proposed model decision alternatives are simultaneously evaluated from different value perspectives. Responsible decision making is defined as finding the least worst alternative in the multidimensional decision space of deontological, goal-achievement, and stakeholder values. Some character traits of the responsible decision maker are also provided.

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Zsolnai, L. Decision Making in Multiple Value Perspectives. International Journal of Value-Based Management 16, 281–290 (2003). https://doi.org/10.1023/A:1025835112482

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  • DOI: https://doi.org/10.1023/A:1025835112482

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