front cover of Value in Ethics and Economics
Value in Ethics and Economics
Elizabeth Anderson
Harvard University Press, 1993
Elizabeth Anderson offers a new theory of value and rationality that rejects cost–benefit analysis in our social lives and in our ethical theories. This account of the plurality of values thus offers a new approach, beyond welfare economics and traditional theories of justice, for assessing the ethical limitations of the market. In this light, Anderson discusses several contemporary controversies involving the proper scope of the market, including commercial surrogate motherhood, privatization of public services, and the application of cost–benefit analysis to issues of environmental protection.
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front cover of Value-Focused Thinking
Value-Focused Thinking
A Path to Creative Decisionmaking
Ralph L. Keeney
Harvard University Press, 1992

The standard way of thinking about decisions is backwards, says Ralph Keeney: people focus first on identifying alternatives rather than on articulating values. A problem arises and people react, placing the emphasis on mechanics and fixed choices instead of on the objectives that give decisionmaking its meaning. In this book, Keeney shows how recognizing and articulating fundamental values can lead to the identification of decision opportunities and the creation of better alternatives. The intent is to be proactive and to select more attractive decisions to ponder before attempting any solutions.

Keeney describes specific procedures for articulating values by identifying and structuring objectives qualitatively, and he shows how to apply these procedures in various cases. He then explains how to quantify objectives using simple models of values. Such value analysis, Keeney demonstrates, can yield a full range of alternatives, thus converting decision problems into opportunities. This approach can be used to uncover hidden objectives, to direct the collection of information, to improve communication, to facilitate collective decisionmaking, and to guide strategic thinking. To illustrate these uses, Keeney shows how value-focused thinking works in many business contexts, such as designing an integrated circuit tester and managing a multibillion-dollar utility company; in government contexts, such as planning future NASA space missions and deciding how to transport nuclear waste to storage sites; and in personal contexts, such as choosing career moves and making wise health and safety decisions.

An incisive, applicable contribution to the art and science of decisionmaking, Value-Focused Thinking will be extremely useful to anyone from consultants and managers to systems analysts and students.

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front cover of Voices in the Code
Voices in the Code
A Story about People, Their Values, and the Algorithm They Made
David G. Robinson
Russell Sage Foundation, 2022
Algorithms—rules written into software—shape key moments in our lives: from who gets hired or admitted to a top public school, to who should go to jail or receive scarce public benefits. Such decisions are both technical and moral. Today, the logic of high stakes software is rarely open to scrutiny, and central moral questions are often left for the technical experts to answer. Policymakers and scholars are seeking better ways to share the moral decisionmaking within high stakes software—exploring ideas like public participation, transparency, forecasting, and algorithmic audits. But there are few real examples of those techniques in use. 
 
In Voices in the Code, scholar David G. Robinson tells the story of how one community built a life-and-death algorithm in an inclusive, accountable way. Between 2004 and 2014, a diverse group of patients, surgeons, clinicians, data scientists, public officials and advocates collaborated and compromised to build a new kidney transplant matching algorithm—a system to offer donated kidneys to particular patients from the U.S. national waiting list. Drawing on interviews with key stakeholders, unpublished archives, and a wide scholarly literature, Robinson shows how this new Kidney Allocation System emerged and evolved over time, as participants gradually built a shared understanding both of what was possible, and of what would be fair. Robinson finds much to criticize, but also much to admire, in this story. It ultimately illustrates both the promise and the limits of participation, transparency, forecasting and auditing of high stakes software. The book’s final chapter draws out lessons for the broader struggle to build technology in a democratic and accountable way.
 
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