ABSTRACT
This chapter presents an operationalized model of ethical decision making. It provides an evaluation matrix that makes it possible for the decision maker to look at the decision alternatives from multiple value perspectives, holding together the deontological, goal-achievement, and stakeholder values of the decision alternatives. The chapter proposes the maximin rule for making a responsible choice. The rule selects the worst alternative in the decision space of deontological, goal-achievement, and stakeholder values. It is demonstrated that under specific conditions, the responsible decision making model collapses into the rational choice model. The chapter also provides a verbal description of the procedure of making responsible decisions. A simple geometrical representation might be helpful in visualizing the decision problem. Deontological, goal-achievement, and stakeholder values together provide a multiple evaluation of the decision alternatives. Maintaining the complexity of the choice situation while trying to find an optimal balance among diverse value dimensions are a good strategy in complex choice situations.
