on the governance of decisions and advice
How can you tell if there is a need to do anything to influence how decisions are made, that is, to govern decisions? If any of the following apply, then it is worth investing effort to improve how decisions are made.
To say that something is able to decide requires that it is able to conceive more than the single course of action in a situation where it is triggered to act, that it can compare these alternative courses of action prior to choosing one, and that it likes one over all others as a result…
What are the implications of seeing requirements satisfaction as a case of utility maximization? Expected Utility Theory is the mainstream framework (or, at least the one taught first) in economics for conceptualizing rational decision making. Can the problem of satisfying some given set of requirements be translated into that framework? What, if anything, is gained…
Given a set of requirements to satisfy, and assuming they can be satisfied together, are we always aiming to find the solution that maximizes the level of satisfaction of all these requirements? Maximization of satisfaction, or more generally, finding an optimal solution to given requirements, is a common way of thinking about what we want…