Our discussion this week will focus on integrating rational decision$-$making and behavioral aspects of decision$-$making. Specifically, we want to discuss the ethical dimensions of decision$-$making associated with human attempts at rational decision$-$making.

The attached article discusses the rational and behavioral aspects of decision$-$making within the context of ethical leadership and decision$-$making.

Bazerman, M$.$ H$.(2020).$ A New Model for Ethical Leadership. Harvard Business Review, $98(5),9097.$

A New Model for Leadership.pdf

Analyze and evaluate Bazerman's perspective on how leaders make decisions when confronted with ethical dilemmas through the lens of your learning from weeks $1$ through $4.$ Concepts such as rational decision$-$making, rational actor paradigm, bounded rationality, and behavioral biases in decision$-$making are essential to this discussion

Analyze the tradeoffs between creating value for society versus creating value for the firm $($Net Present value analysis of future net returns accruing to the firm$)?$

Is "motivated blindness" and "veil of ignorance" processes even possible within the limits of human capacity? Explore your reasoning.

What is your analytical perspective on the dilemmas regarding Bazerman's discussion of the ethical tradeoffs of autonomous vehicles?

Is rational decision$-$making devoid of ethics? Can human behavioral values and biases necessarily lead to more ethical leadership?