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The Ethics of Rational Decision

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  • Kenneth E. Boulding

    (University of Michigan, Ann Arbor)

Abstract

In recent years a great deal of attention has been paid by social scientists and others to the problem of the theory of decisions. The decision is a basic concept of social systems, especially in social dynamics. It represents perhaps the most important single class of events, an event being defined as a kind of step-function which separates one position of a social system from the next in point of time. Some events are not the result of human decision at all, such as aging or accidents; some are the results of previous decisions, such as depreciation of a previously created capital structure; but when all these are removed, there remains an important category of events which constitute a deliberate change in state of a social system as a result of human action. Address presented at the 27th National Meeting of the Operations Research Society of America, Boston, Massachusetts, May 7, 1965.

Suggested Citation

  • Kenneth E. Boulding, 1966. "The Ethics of Rational Decision," Management Science, INFORMS, vol. 12(6), pages 161-169, February.
    • Handle: RePEc:inm:ormnsc:v:12:y:1966:i:6:p:b161-b169
    DOI: 10.1287/mnsc.12.6.B161
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    Cited by:

    1. Fred Wenstøp & Cristóbal Miralles & Gerhard-Wilhelm Weber, 2016. "Featured papers on operational research and ethics," EURO Journal on Decision Processes, Springer;EURO - The Association of European Operational Research Societies, vol. 4(1), pages 1-3, June.
    2. Michaela Jackson & Paul Harrison & Boyd Swinburn & Mark Lawrence, 2015. "Marketing ethics in context: the promotion of unhealthy foods and beverages to children," Chapters, in: Handbook on Ethics and Marketing, chapter 17, pages 354-386, Edward Elgar Publishing.
    3. Stephen V. Burks & Erin L. Krupka, 2012. "A Multimethod Approach to Identifying Norms and Normative Expectations Within a Corporate Hierarchy: Evidence from the Financial Services Industry," Management Science, INFORMS, vol. 58(1), pages 203-217, January.
    4. Søren H. Wenstøp & Fred Wenstøp, 2016. "Operational research virtues in the face of climate change," EURO Journal on Decision Processes, Springer;EURO - The Association of European Operational Research Societies, vol. 4(1), pages 53-72, June.
    5. Ulrike Reisach, 2016. "The creation of meaning and critical ethical reflection in operational research," EURO Journal on Decision Processes, Springer;EURO - The Association of European Operational Research Societies, vol. 4(1), pages 5-32, June.
    6. Mingers, John, 2011. "Ethics and OR: Operationalising discourse ethics," European Journal of Operational Research, Elsevier, vol. 210(1), pages 114-124, April.

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