A tool designed for calculating conflicts of interest typically assesses the relationships between individuals and entities involved in a specific project or decision-making process. For example, such a tool might analyze financial disclosures to identify potential biases based on investments, employment history, or family connections. This analysis helps ensure transparency and objectivity.
Objective decision-making is paramount in fields like research, finance, and government. These tools contribute to ethical conduct by highlighting potential conflicts that could compromise impartiality. Historically, identifying such conflicts relied on manual reviews, a time-consuming and potentially incomplete process. Automated tools offer a more efficient and thorough approach, promoting greater integrity and accountability.