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Will, within philosophy, is a faculty of the mind.Will is important as one of the parts of the mind, along with reason and understanding.It is considered central to the field of ethics because of its role in enabling deliberate action.
In Economics, an occupational choice model is a model that seeks to answer why people enter into different occupations [28]. [ 29 ] In the model, in each moment, the person decides whether to work as in the previous occupation, in some other occupation, or not to be employed.
When using this model, the following conditions are assumed. The decision will be completely rational in a means-ends sense; There is a complete and consistent system of preferences that allows a choice among alternatives; There is a complete awareness of all the possible alternatives; Probability calculations are neither frightening nor mysterious
In business ethics, Ethical decision-making is the study of the process of making decisions that engender trust, and thus indicate responsibility, fairness and caring to an individual. To be ethical, one has to demonstrate respect, and responsibility. [ 1 ]
Choice Architecture is also similar to the concept of "heuristics," or manipulation that changes outcomes without changing people's underlying preferences, described by political scientist William H. Riker. Choice architecture has been implemented in several public and private policy domains.
The Potter Box is a model for making ethical decisions, developed by Ralph B. Potter, Jr., professor of social ethics emeritus at Harvard Divinity School. [1] It is commonly used by communication ethics scholars. According to this model, moral thinking should be a systematic process and how we come to decisions must be based in some reasoning.
Moral luck describes circumstances whereby a moral agent is assigned moral blame or praise for an action or its consequences, even if it is clear that said agent did not have full control over either the action or its consequences.
Voluntarism has appeared at various points throughout the history of philosophy, seeing application in the areas of metaphysics, psychology, political philosophy and theology. The term voluntarism was introduced by Ferdinand Tönnies into the philosophical literature and particularly used by Wilhelm Wundt and Friedrich Paulsen.