In a business context, this approach might rely on a statistical analysis of probable outcomes, a classic costs/benefits assessment, and/or a consideration of the marginal utility of a consequence for various stakeholders in the group.
So the main burden on the business managers is to take decisions that are not only right but also ethical and equally likely in the sense that to a sizable extent it would offer good to a mass. This study endeavors to assess the viability of consequentiality approach that a business ...
What is utilitarianism in ethics? Learn about this philosophical theory and how it has been used over time to foster government reform. Related to this Question What is utilitarianism in business ethics? What is an ethical dilemma? What is an example of utilitarianism ethics?
English philosopher John Stuart Mill advocated for a utilitarian approach to ethics. Learn about Mill's utilitarianism model in business ethics. Understand why Mill's ideas are important and recognize how to apply his philosophies in business. ...
The lottery is an example of the utilitarian monster because‚ in a lottery game‚ there are many losers‚ but only one winner. The happiness of the winner of a lottery ticket is very high‚ and when compared to the unhappiness of the losers‚ there is still‚ in theory‚ a ...
Chin, W. W. (1998). The partial least squares approach to structural equation modeling.Modern Methods for Business Research, 295 Journal of International Technology and Information Management, 19 ArticleGoogle Scholar Google Scholar Fishbein, M., & Ajzen, I. (1977).Belief, Attitude, Intention and...
Despite the high interest of researchers and users for MIR systems, very few studies have focused on user behavior in real-life settings. Indeed, most studies aiming at evaluating the performance of MIR systems have adopted a quantitative approach and focused exclusively on the external behavior. ...
Our results suggest that utilitarian judgments arise from a commitment to a utilitarian approach, which exists before subjects come in to the experiment. People are more likely to adopt this approach if they are actively open-minded thinkers. (The reasons for this are as yet unclear.) Thus, th...
specifically, as the approach they use to present attribute information (e.g., price) has the potential to influence their users’ choice behavior. As aggregator websites are widely used by people to compare providers for a range of services (e.g., insurance, finance, and utilities), this ...
Using fMRI, we found that the explicit value of hedonic and utilitarian goods was commonly processed in the ventral striatum. In contrast, no significant results were obtained in common neural processing of task-irrelevant hedonic and utilitarian value. Additionally, we did not find any evidence ...