approvalor
Approvalor is a proposed decision-making framework that seeks to combine traditional approval processes with value-based justification. It emphasizes that approvals should reflect not only technical feasibility or legality but also ethical considerations and anticipated societal impact. The term is a neologism likely formed from the words approve and valor (value or worth) and has appeared in policy and governance discussions since the late 2010s, though its usage is not standardized.
Core elements of approvalor include procedural due process (clear steps for assessment and appeal), value assessment
It is used in theoretical and applied contexts such as public policy, corporate governance, and technology
Critics argue that value-based analysis can be subjective, slow down decision-making, and risk embedding normative biases.
See also: impact assessment, ethics review, governance, risk assessment, value-based decision making.