Tag: Ethical Decision-making
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Chesterton’s Fence
Chesterton’s Fence, established by G.K. Chesterton, underscores the need for understanding the rationale behind established norms before modifying them, advocating for informed, deliberate change across various domains, from policy to innovation.
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Institutional Courage
Institutional courage, as developed by Jennifer Freyd, is an approach where organizations address their own failings to maintain ethical standards and integrity. This concept includes recognizing past mistakes, enhancing transparency, and reinforcing accountability, key factors in rebuilding trust and fostering responsible leadership in institutions.
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Trade-off Denialism
Trade-off denialism (or Opportunity Cost Neglect) is the disregard for the necessary balance between competing outcomes in decision-making, which can result in policies and strategies that fail to account for critical constraints and limitations.
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Cognitive Dissonance
The term cognitive dissonance describes mental tension experienced when holding contradictory beliefs. To relieve this unease, individuals often modify their attitudes or gather supportive information. The theory’s principles have broad applications, from decision-making to public policy.