Ethics, Decision Analysis, and Public Risk

Ralph L. Keeney

Risk Analysis, 1984, vol. 4, issue 2, 117-129

Abstract: In any analysis of a decision problem involving public risks, ethical implications are introduced. In some cases, these ethical implications may be introduced simply because an analysis is being done. Additional ethical implications may be inherently part of the methodology being utilized or introduced into the specific analysis of the decision problem. In this paper, we investigate where and how ethical implications enter when using the methodology of decision analysis to examine problems involving public risks. We conclude that the methodology of decision analysis is sufficiently robust to allow for numerous different ethical viewpoints to be accounted for in any specific analysis. Stated alternatively, decision analyses of public risks can be conducted in a manner consistent with utilitarianism, deontological theories, libertarianism, egalitarianism, and so forth. However, any specific analysis has embedded within it numerous ethical implications. This suggests that the careful ethical scrutiny of analyses involving the methodology of decision analysis should be placed on the specific application and not on the methodology per se or on the fact that an analysis is undertaken.

Date: 1984
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https://doi.org/10.1111/j.1539-6924.1984.tb00941.x

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Persistent link: https://EconPapers.repec.org/RePEc:wly:riskan:v:4:y:1984:i:2:p:117-129

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