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Financial Ethics presents an exploration of this relatively new
subject. The book will follow two different trails, which
eventually are brought together. The first trail is an exploration
in Chapters One and Two of the general nature of the finance
industry, of the institutions which make it up, of the people in it
and the pressures they are under. The first trail also examines the
nature of the reward system in the finance industry. The second
trail is an examination of the guidance people can obtain from four
of the world's great religions on exactly how people ought to
behave when engaged in the financial industry. The second part of
the book is contained in Chapters Three to Nine. If people propose
to advise the financiers to be ethical, it is important to know
what is meant by this, and to call upon reliable sources and why
they are using the four particular religious sources chosen. The
next four chapters extract business and financial commands and one
or two important interpretive writings from Judaism, Christianity,
Islam and Buddhism. Part Three of the book (Chapters Ten to
Thirteen) is a distillation of the concepts from the religions, an
application of the concepts to the modern financial world, and a
discussion of the various organizational tools which might be used
to put them into operation.
The main purpose of this paper is to contribute to the discussion
about the design of computer and communication systems that can aid
the management process. 1.1 Historical Overview We propose that
Decision Support System can be considered as a design conception
conceived within the computer industry to facilitate the use of
computer technology in organisations (Keen, 1991). This framework,
built during the late 1970s, offers computer and communication
technology as support to the decision process which constitutes, in
this view, the core of the management process. The DSS framework
offers the following capabilities: * Access: ease of use, wide
variety of data, analysis and modelling capacity. * Technological:
software gel)eration tools. * Development modes: interactive and
evolutionary. Within this perspective, computer and communication
technologies are seen as an amplification of the human data
processing capabilities which limit the decision process. Thus, the
human being is understood metaphorically as a data processing
machine. Mental processes are associated with the manipulation of
symbols aOO human communication to signal transmission.
Patrick Humphreys Department of Social Psychology London School of
Economics and Political Science, Houghton Street, London WC2A 2AE.
Email: P. Humphreys@lse. ac. uk This book presents a selection of
contributions to the conference on Implementing Systems for
Supporting Management Decisions: Concepts, Methods, and Experiences
held in London in July, 1996. The conference was organized by the
International Federation of Infonnation Processing's Working Group
8. 3 on Decision Support Systems and the London School of Economics
and Political Science. (LSE). The Programme Committee for the
Conference comprised Liam Bannon, University of Limerick; Patrick
Humphreys, LSE, co-chairperson; Andrew McCosh, University of
Edinburgh; Piero Migliarese, Politecnico di Milano, co chairperson;
Jean-Charles Pomerol, LAFORIA, Universite Paris VI. The chairperson
of the organizing committee was Dina Berkeley, LSE. The programme
committee members served also as the editors of this book. Each
contribution was selected by the editors after peer review and was
developed by its authors specifically for inclusion in this volume.
Working group 8. 3 was formally established in 1981 on the
recommendation ofIFIP's Technical Committee on Information Systems
(TC8). The scope of the working group covers: "Development of
approaches for applying information systems technology to increase
the effectiveness of decision makers in situations where the
computer system can support and enhance human judgment in the
perfonnance of tasks that have elements that cannot be specified in
advance."
The main purpose of this paper is to contribute to the discussion
about the design of computer and communication systems that can aid
the management process. 1.1 Historical Overview We propose that
Decision Support System can be considered as a design conception
conceived within the computer industry to facilitate the use of
computer technology in organisations (Keen, 1991). This framework,
built during the late 1970s, offers computer and communication
technology as support to the decision process which constitutes, in
this view, the core of the management process. The DSS framework
offers the following capabilities: * Access: ease of use, wide
variety of data, analysis and modelling capacity. * Technological:
software gel)eration tools. * Development modes: interactive and
evolutionary. Within this perspective, computer and communication
technologies are seen as an amplification of the human data
processing capabilities which limit the decision process. Thus, the
human being is understood metaphorically as a data processing
machine. Mental processes are associated with the manipulation of
symbols aOO human communication to signal transmission.
Patrick Humphreys Department of Social Psychology London School of
Economics and Political Science, Houghton Street, London WC2A 2AE.
Email: P. Humphreys@lse. ac. uk This book presents a selection of
contributions to the conference on Implementing Systems for
Supporting Management Decisions: Concepts, Methods, and Experiences
held in London in July, 1996. The conference was organized by the
International Federation of Infonnation Processing's Working Group
8. 3 on Decision Support Systems and the London School of Economics
and Political Science. (LSE). The Programme Committee for the
Conference comprised Liam Bannon, University of Limerick; Patrick
Humphreys, LSE, co-chairperson; Andrew McCosh, University of
Edinburgh; Piero Migliarese, Politecnico di Milano, co-
chairperson; Jean-Charles Pomerol, LAFORIA, Universite Paris VI.
The chairperson of the organizing committee was Dina Berkeley, LSE.
The programme committee members served also as the editors of this
book. Each contribution was selected by the editors after peer
review and was developed by its authors specifically for inclusion
in this volume. Working group 8. 3 was formally established in 1981
on the recommendation ofIFIP's Technical Committee on Information
Systems (TC8). The scope of the working group covers: "Development
of approaches for applying information systems technology to
increase the effectiveness of decision makers in situations where
the computer system can support and enhance human judgment in the
perfonnance of tasks that have elements that cannot be specified in
advance.
Financial Ethics presents an exploration of this relatively new
subject. The book will follow two different trails, which
eventually are brought together. The first trail is an exploration
in Chapters One and Two of the general nature of the finance
industry, of the institutions which make it up, of the people in it
and the pressures they are under. The first trail also examines the
nature of the reward system in the finance industry. The second
trail is an examination of the guidance people can obtain from four
of the world's great religions on exactly how people ought to
behave when engaged in the financial industry. The second part of
the book is contained in Chapters Three to Nine. If people propose
to advise the financiers to be ethical, it is important to know
what is meant by this, and to call upon reliable sources and why
they are using the four particular religious sources chosen. The
next four chapters extract business and financial commands and one
or two important interpretive writings from Judaism, Christianity,
Islam and Buddhism. Part Three of the book (Chapters Ten to
Thirteen) is a distillation of the concepts from the religions, an
application of the concepts to the modern financial world, and a
discussion of the various organizational tools which might be used
to put them into operation.
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