Theories of Choice

2021 ◽  
Keyword(s):  
Decision Making ◽  
Market Mechanism ◽  
Legal Order ◽  
Behavioural Type ◽  
Adequate Theory ◽  
Legal Questions ◽  
Collective Decisions ◽  
Points Of View ◽  
The Right ◽  
Selection Of

Choice is a key concept of our time. It is a foundational mechanism for every legal order in societies that are, politically, constituted as democracies and, economically, built on the market mechanism. Thus, choice can be understood as an atomic structure that grounds core societal processes. In recent years, however, the debate over the right way to theorise choice—for example, as a rational or a behavioural type of decision making—has intensified. This collection therefore provides an in-depth discussion of the promises and perils of specific types of theories of choice. It shows how the selection of a specific theory of choice can make a difference for concrete legal questions, in particularly in the regulation of the digital economy or in choosing between market, firm, or network. In its first part, the volume provides an accessible overview of the current debates about rational versus behavioural approaches to theories of choice. The remainder of the book structures the vast landscape of theories of choice along three main types: individual, collective, and organisational decision making. As theories of choice proliferate and become ever more sophisticated, however, the process of choosing an adequate theory of choice becomes increasingly intricate, too. This volume addresses this selection problem for the various legal arenas in which individual, organisational, and collective decisions matter. By drawing on economic, technological, political, and legal points of view, the volume shows which theories of choice are at the disposal of the legally relevant decision maker, and how they can be implemented for the solution of concrete legal problems.

scholarly journals Parametric analysis of dry machining process using a novel integrated multi-attribute decision making approach

2022 ◽  
Vol 11 (2) ◽  
pp. 193-202
Author(s):  
G. Venkata Ajay Kumar ◽  
A. Ramaa ◽  
M. Shilpa
Keyword(s):  
Decision Making ◽  
Process Parameters ◽  
Machining Process ◽  
Machining Parameters ◽  
Machining Processes ◽  
Order Preference ◽  
Dry Conditions ◽  
Criteria Importance ◽  
The Right ◽  
Selection Of

In most of the machining processes, the complexity arises in the selection of the right process parameters, which influence the machining process and output responses such as machinability and surface roughness. In such situations, it is important to estimate the inter-relationships among the output responses. One such method, Decision-Making Trial and Evaluation Laboratory (DEMATEL) is applied to study the inter-relationships of the output responses. Estimation of proper weights is also crucial where the output responses are conflicting in nature. In the current study, DEMATEL technique is used for estimating the inter-relationships for output responses in machining of EN 24 alloy under dry conditions. CRiteria Importance Through Inter-criteria Correlation (CRITIC) method is used to estimate the weights and finally the optimal selection of machining parameters is carried out using Techniques for Order Preference by Similarity to an Ideal Solution (TOPSIS) method. The model developed guides the decision maker in selection of precise weights, estimation of the inter relationships among the responses and selection of optimal process parameters.

scholarly journals Penggunaan Metode Weighted Product Untuk Seleksi Mahasiswa Penerima Beasiswa

2020 ◽  
pp. 176-180
Author(s):  
Muhammad Isa Daud ◽  
Mufty Mufty
Keyword(s):  
Decision Making ◽  
Decision Makers ◽  
Assessment Process ◽  
Wrong Decision ◽  
Scholarship Recipients ◽  
The Government ◽  
The Right ◽  
Tuition Fee ◽  
Selection Of

Making the right decision is very important in a management, wrong decision making can be fatal for both companies and individuals Through the Education Office the government seeks to allocate funds to provide scholarships to students who are economically unable to finance their education and provide scholarships to students who have achievements. In order for the implementation of scholarships to be achieved, it must be in accordance with the principle of 3T, namely On target, Right amount and On time. The provision of tuition fee assistance in the form of scholarships is also given to students in universities. Scholarships are given to students who excel and are underprivileged. The selection of scholarship recipients so far is not maximal because of the assessment that seems to favor one student so that students who really deserve it become unable to get. In this research using Weighted Products method to conduct the assessment process and the process implemented into a system, it is expected that with the system of decision-makers can choose students who really deserve. The results showed that Mahasiswa 4 was selected as a scholarship student with a score of 0.237

SISTEM PENDUKUNG KEPUTUSAN PENENTUAN MITRA KERJASAMA PADA HOTEL GRAND SIRAO DENGAN MENGGUNAKAN METODE PSI (Preference Selection Index)

2019 ◽  
Vol 3 (1) ◽  
Author(s):  
Hendri Cahaya Putra
Keyword(s):  
Decision Making ◽  
Decision Support ◽  
Decision Support System ◽  
Support System ◽  
Index Selection ◽  
Short Supply ◽  
Cooperation Partners ◽  
The Right ◽  
Selection Of

Grand Sirao Hotel is a hotel that stands in the middle of Medan City, located on Jl. Semarang. Grand Sirao Hotel is an attractive hotel in the sector of cooperation in certain fields, but in this hotel it often happens in cooperation with outside companies. One of the problems that often occurs at the Grand Sirao Hotel is the constrained stock of goods needed for guests staying at the hotel, items that are often constrained which are usually in the form of sandals and toiletries that are in short supply. This problem often arises because of the many other factors between companies related to hotel owners themselves, debates that often arise from hotel owner claims include quality of goods that are sometimes incompatible with reservations and need to be taken into account, inventory can be exhausted, prices always go up because of skyrocketing market prices and other problems. This collaboration problem arises due to lack of success in determining partnerships with related companies that are not appropriate and in company selection is also still manual and there are appropriate systems and criteria. Therefore a decision support system is needed in the selection of partners upon the proposed approval. One solution to this problem that is right is to make a decision system in the decision of the company's business partners so that the determination of cooperation in accordance with the right requirements. By using a Decision Support System (SPK) is expected to help the company in making decisions made by the right company partners in increasing the efficiency of the decision. PSI (Index Selection Preference Method) is a method for solving multi-decision making (MCDM) decisions. In the proposed method it is not necessary to submit among the attributes. There are no attributes required in computing that are involved in decision making. It is hoped that by using the PSI (Index Selection Preference) Method, it is necessary to establish a decision support system which can assist in the selection of corporate cooperation partners at the Grand Sirao Hotel.Keywords: Determination of Cooperation Partners, Decision Support System, PSI (Index Selection Preference)

Selection of Outsourcing Supplier Based on AHP

2012 ◽  
Vol 490-495 ◽  
pp. 2921-2925 ◽  
Author(s):  
Wen Li Geng ◽  
Ying Song Hu
Keyword(s):  
Decision Making ◽  
Common Factors ◽  
Analysis Method ◽  
Consistency Check ◽  
Analytic Hierarchy ◽  
Quantitative Analysis Method ◽  
The Common ◽  
The Right ◽  
Hierarchy Process ◽  
Selection Of

With the development of the economy and society, more and more enterprises outsource the procuring of services or products from an outside supplier or manufacturer in order to cut costs. To realize outsourcing, the outsourcing needer must choose the supplier carefully, so the method that how to choose the right supplier to realize the outsourcing is particularly important. Lots of factors should be taken into account, but the common factors are cost, quality, additional resources, prior works and contract terms. With the qualitative analysis and quantitative analysis method of analytic hierarchy process, put forward the model of the outsourcing. The model includes three aspects: objective layer, criterion layer and alternative layer. The objective layer is the aim of select supplier; the criterion layer is the factors which affect the choice and the alternative layer is the different selectable enterprise. After calculating the synthetic level value to order in single level and whole system and though the consistency check, eventually got the different weights of different alternations, it can provides direct basis for the decision-making, that is, the enterprise which has the biggest weight of the choice should be placed ahead of the others.

The Covert Administration of Medications: Legal and Ethical Complexities for Health Care Professionals

2017 ◽  
Vol 45 (2) ◽  
pp. 182-192 ◽  
Author(s):  
L. Martina Munden
Keyword(s):  
Health Care ◽  
Decision Making ◽  
Health Care Professionals ◽  
Codes Of Ethics ◽  
Legal Framework ◽  
Decision Making Process ◽  
Legal Questions ◽  
Professional Codes ◽  
Professional Codes Of Ethics ◽  
The Right

The practice of covertly administering medications to patients without their consent is often discussed in the framework of legal questions around the right of patients to consent and refuse medical treatment. However, this practice also raises significant questions surrounding the professional duties and obligations of health care professionals as it relates to the decision-making process of whether to engage in the covert administration of medications. In this paper, I present an overview of the origin of those duties and obligations, and discuss how those duties and obligations when seen from different perspectives may either justify or prohibit the practice. Further, I discuss whether the duties and obligations of health care professionals as they are currently framed are suited to address the complexities of this issue both from the health care professional and patient perspectives. This analysis is conducted in the context of duties and obligations that arise from not only legal framework but also from the ethical requirements from professional codes of ethics.

scholarly journals GDSS Prototype Model for Supplier Selection at MDM Cooperative

2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Meri Azmi ◽  
Yance Sonatha ◽  
Indri Rahmayuni
Keyword(s):  
Decision Making ◽  
Supplier Selection ◽  
Poor Quality ◽  
Decision Makers ◽  
Prototype Model ◽  
Business Unit ◽  
University Campus ◽  
Late Delivery ◽  
The Right ◽  
Selection Of

MDM is a trade cooperative that has a business unit that provides healthy food for consumers around the Andalas University campus. So far, the selection of suppliers who supply goods to stores is only based on the trust of both parties, the principles of mutual acquaintance and kinship. The problems that arise from a process like this are the lack of the right supplier so that goods are not available all the time, relatively higher prices, late delivery and sometimes there are goods with poor quality. Therefore we need a GDSS that is able to overcome these problems. This GDSS helps decision making in determining the right supplier to the stores owned by MDM Cooperative. The methods used are AHP, TOPSIS and BORDA involving six criteria and five tested alternatives. This GDSS also involves three decision makers, namely the head of the cooperative, the deputy and the treasurer. The results of this prototype are able to show the best alternative that is selected based on the ranking results.

scholarly journals Decision Support System For Selecting Bali Tourist Attractions Using The PROMETHEE Method

SinkrOn ◽  
2019 ◽  
Vol 3 (2) ◽  
pp. 1
Author(s):  
Eva Zuraidah
Keyword(s):  
Decision Making ◽  
Decision Support ◽  
Decision Support Systems ◽  
Recommendation System ◽  
Support Systems ◽  
Descriptive Analysis ◽  
Tourist Attraction ◽  
Tourist Attractions ◽  
The Right ◽  
Selection Of

Tourism is currently very potential to be developed as a source of local income by providing information both online and offline to the community so that regional income increases. Bali is one of the tourist destinations in Indonesia which is visited by many local and foreign tourists. The island of Bali has many interesting sights consisting of natural attractions, royal festivals, culinary tours, traditional markets, and museums. There are many criteria that must be considered, so through this recommendation system, tourists can find out what places are in Bali they will visit. One of the problems of decision making with many criteria and attributes in the selection of attractions is to provide detailed decisions that refer to the scale of weight possessed. Decision support systems provide priority results of attractions that are suitable for every traveler. Traveling is very important because with tourism we can eliminate fatigue due to activity during the day. The selection of the right tourist attraction also affects this, so it is necessary to choose the right tourist attraction. This study focused on the application of multi-attribute decision making (MADM) to decision support systems (SPK) using preferred organizational methods for enrichment and evaluation (Promeethe). When a traveler fills out a questionnaire, he must be consistent with the answers to get the best results based on his willingness and characteristics. This research uses descriptive analysis method that presents a summary of the results of surveys and interviews of tourists who want to choose Bali tourist attractions according to costs, security, natural beauty, facilities, and infrastructure and location.

scholarly journals THE DEMOCRATIC BOUNDARY PROBLEM RECONSIDERED

2018 ◽  
Vol 1 ◽  
pp. 34 ◽  
Author(s):  
Gustaf Arrhenius
Keyword(s):  
Decision Making ◽  
Boundary Problem ◽  
Central Issue ◽  
Recent Criticism ◽  
Decision Method ◽  
The People ◽  
Collective Decisions ◽  
The Right ◽  
Theoretical Import

Who should have a right to take part in which decisions in democratic decision making? This “boundary problem” is a central issue for democracy and is of both practical and theoretical import. If nothing else, all different notions of democracy have one thing in common: a reference to a community of individuals, “a people”, who takes decision in a democratic fashion. However, that a decision is made with a democratic decision method by a certain group of people doesn’t suffice for making the decision democratic or satisfactory from a democratic perspective. The group also has to be the right one. But what makes a group the right one? The criteria by which to identify the members of the people entitled to participate in collective decisions have been surprisingly difficult to pin down. In this paper, I shall revisit some of the problems discussed in my 2005 paper in light of some recent criticism and discussion of my position in the literature, and address a number of new issues.

Regulating without Regulation? Regulating without the Sovereign?

2021 ◽  
Vol 46 (3-4) ◽  
pp. 321-345
Author(s):  
Robert Grzeszczak ◽  
Joanna Mazur
Keyword(s):  
Decision Making ◽  
Data Protection ◽  
Legal Order ◽  
General Data Protection Regulation ◽  
Regulatory Processes ◽  
Participative Approach ◽  
General Data ◽  
The Right ◽  
Automated Decision Making

Abstract The development of automated decision-making technologies creates the threat of de-iuridification: replacement of the legal acts’ provisions with automated, technological solutions. The article examines how selected provisions of the General Data Protection Regulation concerning, among other things, data protection impact assessments, the right to not be subject to automated decision-making, information obligations and the right to access are applied in the Polish national legal order. We focus on the institutional and procedural solutions regarding the involvement of expert bodies and other stakeholders in the process of specification of the norms included in the gdpr and their enforcement. We argue that the example of Poland shows that the solutions adopted in the gdpr do not shift the balance concerning regulatory power in regard to automated decision-making to other stakeholders and as such do not favor of a more participative approach to the regulatory processes.

Trust in Procurement Decisions of New Zealand SMEs

2022 ◽  
pp. 24-50
Author(s):  
Kripanshu Vora
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
New Zealand ◽  
Exploratory Study ◽  
Repertory Grid ◽  
Grid Technique ◽  
Owned Company ◽  
The Right ◽  
Selection Of

The purpose of this chapter is to explore the role of trust or confidence through the managerial lens. The chapter aims to acquire empirical evidence regarding the importance of factors that play a role in fostering trust during procurement decision making exemplified through a New Zealand-owned company, ContainerCo. This exploratory study scrutinises trust as perceived by SME managers in the supply chain of logistics and procurement in New Zealand. It uses the repertory grid analysis and is based on two interviews conducted through the repertory grid technique, a semi-structured method. Although different in every company and country, trust plays a major role during the selection of suppliers. Factors such as reliability and value are regarded as the most important ones for choosing the right supplier in the case of ContainerCo.

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