AFM311 Lecture Notes - Lecture 5: Solar Irradiance, Incrementalism, Decision-Making
14 Jun 2020
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Bounded ethicality: make rational decisions, but unable to process or collect all information available. Group pressure/conformity bias: group puts pressure on the individual to conform with the majority, may not be the right decision. Subverting individual ethics to that of the group. Group think: group makes a worse decision than an individual. Like-minded people in the group: heightens insolation, detrimental to decision making, funnel into one view. Isolated from outside world, disregard things in the environment that would say the decision is wrong: drawbacks to diverse teams, more time consuming. Slippery slope: how unethical behaviour becomes habit: habit: acceptable, people do not start with a large unethical action. Framing: context matters, how an issue is framed, obscure other aspects of the situation. Implicit bias: unconscious bias, gender bias, racial bias. Increase gender diversity, racial diversity within the team to reduce bias in the organization as a whole: break down bias in individual employees.
