Judgement In Managerial Decision Making By Max Bazerman And Don Moore

Chapter 8 in the book "Judgement in Managerial Decision Making" by Max Bazerman and Don Moore is titled Fairness and Ethics in Decision Making. This chapter explains the role of fairness and how it attrubites to the decsion making process. People instictivly care for others and strive for fairness when making decisions. Most decisions start from good moral values. People like to be ethical when making a decision but biases like bounded ethicality can promote unethical decisions to be made unwillingly.
Fairness is a trait of perception, one has to consider a decision to be fair or unfair. The book uses senerios to explain how people rationalize fairness in a decision making process. A consequences of supply and demand theory by Kahneman describes
This means that people want to be treated fair, or equally by one another as well. Employers take in consideration that people want to be treated euqually and make decisions to prevent an unfair image of themeselves to their workers. Bazerman and Moore cited work by Depken that explains people will not work to their full abilitity if there is a lack of fairness in the group. His exmple involves professional baseball teams and their ability to work together, the bigger gap from the highest paid player to the lowest showed a lack of teamwork, while the lower pay gap team worked the best together(140). The book's own Bazerman took on this topic by asking if people always percieved fairness or caring for others when making a decision. He used money in his experiment to point to a reference point in a person's decison making process. The decision to break even was perferded by most; but in contrary almost all the same agreed to an option to gain more money individually leaving the other person with a lower amount(140). This result that people change their decision when there is a more individual perfered is concoring with the affect
Naturally, people tend to give themselves more credit than what they deserve. So for all the times a child claimed to had clean their bedroom and the authority later finds the mess in the closet,this may not be because the child wanted to disobey authority but rather just gave themselves more credit then what was due. Similarly, people think of their additiudes as being in sync with their conscious awareness when in reality it may not be the case. Implicit attitudes expresses the instance that a person's mind precieves a streotypical view even when the person values being impartial