Lopez Mr. Reiter PHIL 2650 Introduction to Ethics 09/11/12 Ethics and Morals What’s the difference between ethics and morals? Well‚ first off‚ ethics starts with the letter "E"‚ has 5 letters that do not match any letters in the word "morals". Meanwhile‚ morals start with the letter “M”‚ and also have 5 letters that do not match to word "ethics". Also ethics is found before morals in the dictionary. In all seriousness‚ morals are what individuals personally find what’s right and wrong. While‚ ethics
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Multiple Choice Chapter 1 1(4). The risk premium is defined as the rate of return on A. A risky asset minus the inflation rate B. The overall market C. A Treasury bill D. A risky asset minus the risk-free rate E. A risk-less investment Answer: D 2(5). The variance measure the: Non-graded A. Total difference between the actual returns and the average returns B. Average difference between the actual squared returns and the risk-free returns C. Average squared difference between
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Our moral thought is not an innate and fixed property‚ but is a learnt attribute that changes in our lifetime with personal development. Personal development in turn‚ is dominated by cognitive development. And there are two main theories relating moral development with cognition: the first one is Piaget’s theory‚ and the second one is Kohlberg’s theory. The basic idea behind both theories is that our moral thought changes with cognitive development. What we are going to show next‚ is the relation
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SUMMARY Moral Hazard in Equity Contracts: The Principal-Agent Problem The separation of ownership and control involves moral hazard‚ in that the managers (the agents) may act in their own interest rather than in the interest of the stockholder-owners (the principals) because the managers have less incentive to maximize profits than the stockholder-owners do. Tools to Help Solve the Principal-Agent Problem Production of Information: Monitoring Stockholders engage in a particular type of information
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Moral and Ethical Issues in Teacher Education. ERIC Digest. This ERIC digest will address two components related to the moral and ethical preparation of teachers. First it will consider issues related to the identification and assessment of professional education‚ and then it will address foundations and specific models for the preservice training of teachers of character. ISSUES OF PROFESSIONAL ETHICS IN EDUCATION Consider Irma‚ the student teacher. Not only does she already have a contract
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Moral Dilemma What people feel morally obligated to do depends on the situation. In general‚ I think everyone can agree that it is immoral to take someone’s life‚ but there are situations where people might think otherwise. There are also other less severe circumstances where people’s morals are put in question. In the end‚ it depends on one’s personal moral beliefs on how they would act when in certain instances. The first dilemma I chose was the fat man and the impending doom. Without a
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DIFFUSING MORAL PANIC EVENTS The term moral panic is used to define events of amplified public reaction to a particular situation (Cohen‚ 2002). It is a social phenomenon characterized by the collective overreaction to an event‚ such as a crime‚ that is new or has been present long enough and suddenly sprouted (Cohen‚ 2002; Goode & Ben-Yehuda‚ 1994). According to Cohen (2005) moral panics do not date or‚ in other words‚ its generation is similar regardless of the time period and the place. Stanley
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Moral Truth What is Moral truth? In Sam Harris’ book “The Moral Landscape”‚ he explains his ideas on moral truth. He explains that moral truth is so complex because of personal whim‚ and cultural influence. He explains his ideas of moral truth through science‚ objective and subjective‚ and consensus and consciousness. With these ideas Harris is able to define moral truth to his best ability‚ because it is such a difficult subject to understand. In the chapter on moral truth‚ Harris explains
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Culture and Moral Development Another criticism of Kohlberg’s view is that it is culturally based. A review of research on moral development in 27 countries concluded that moral reasoning is more culture-specific than Kohlberg envisioned and that Kohlberg’s scoring system does not recognize higher-level moral reasoning in certain cultural groups (Snarey‚ 1987). Examples of higher-level moral reasoning that would not be scored as such by Kohlberg’s system include values related to communal
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way. After that‚ what I should do is to encourage others to do the similar things. Moral compass should run through the whole process. An individual’s effort is meager but we should not neglect it. Just as the recycle‚ if I do well in recycling every time I want to throw my rubbish and tell others the importance of recycle‚ more and more people will be impacted if I carry on doing this. Key Take-away Moral compass is the principle and norm that leads us to proper and right behavior. Doing
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