Cost-Benefit Analysis Of Utilitarianism

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Utilitarianism is an ends-based method of ethical analysis. Rather than attempting to apply a code of moral behavior to the public, this approach focuses on the cost-benefit analysis (Blume and Heineman, 2007) of a policy and underscores its usefulness based on the overall outcome in society. In the case of medical conflicts of interests, the utility of the new policy centers on the creation of consumers that are more informed and the possibility for its largely positive outcome.
The primary ethical dilemma presented within Austin Frakt’s article is that of the importance of the disclosure of all potential biases when discussing and applying merit to pharmaceutical and medical research. Today, there is often disclosure for industry-funded

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