TITLE:
An Ethical Approach to Decision Design
AUTHORS:
Marion G. Ben-Jacob
KEYWORDS:
Design, Ethics, Business, Decision Trees, Expected Value, Mathematical Models
JOURNAL NAME:
Open Journal of Applied Sciences,
Vol.11 No.6,
June
24,
2021
ABSTRACT: This paper describes an approach to ethical decision design. It discusses the use of several mathematical tools applicable to the world of economics and business. It then demonstrates how the tools analogously extend themselves to making ethical decisions as supported by personal values. A review of the mathematics, including the design of a decision tree, the concept of mathematical expectation, and mathematical modeling are included.