Moral

indeed speak about asymmetric information. The information is key to all financial transaction and this is why asymmetric information makes transaction more difficult. Asymmetric information lead to two main issues: adverse selection (ex ante) and moral hazard (ex post). In other words, the lack of information creates troubles before and after the loan. Financial intermediaries use their size and expertise to remedy to this market failure. The…

Introduction: The concept of character is not new; however, many college sports programs focus not only on building winning teams, but also building strong character in athletes. For instance, not all college athletes get the chance to play professional; therefore, coaches strive to implement characteristics in their athletes to be successful on and off the field. Why is this prevalent? While it is true that the origin for this phenomenon lies in traditional beliefs that character trumps talent…

general public. Public administrators must make rational decisions based on the knowledge they have at a given moment. This knowledge includes incorporating universal values into one’s own professional code of ethics. Additionally, societal ethics and morals can change over time, which requires the administrator to adapt to new changes and challenges. Question Two The two explanations that can be used to examine the unethical behavior of public administrators are (1) the administrator makes…

Deontology is the action by an individual to adhere to his own independent morals and any related rules and regulations. This concept is closely related to ethics where an individual performs a certain action due to the morality behind it or the duty associated with the action. In the situation of professional setups, a person is required to adhere to certain rules and regulations as a form of duty. Disclosure of information that may be considered private is one such action. While in some…

interest, and unbiasedness. Instead of determining if an action is moral through the immediate effects, Utilitarianism skimps over the short term and instead focuses on the long term effects of actions. Actions are no longer based on intention but, rather the overall effects from those actions determines if the parent event was morally good or bad. Utilitarianism also emphasizes the idea that an individual’s well being trumps all moral responsibilities, if a person has to steal food to eat then…

leading the British during the Second World War during his term as Prime Minister of the United Kingdom, inspiring them to strive for victory. However, not all of his actions were “ethically sound”, or morally good or correct, possessing and displaying moral virtue, as defined by the Oxford English Dictionary, even though his intentions were for the good of his people and country. Therefore, I agree with the quote and in this essay I will be evaluating the extent to which some of his decisions…

Ethical egoism states that one should do things that benefit in their own interest. Some key features of ethical egoism are ethical subjectivism, Naïve Ethical egoism, and enlightened ethical egoism. This theory claims that we should act from self-love. However, Egoists have different views about what is good for the individual depending on the situation. In “Don’t Help Me” Kevin is confused about what steps he should take to help his friend, so I am going to advise him based on ethical egoism…

1) I agree that morality should be authoritative over our preferences. If everyone did what their heart desired there would be a lot of robberies, unfaithful marriages, and tragic deaths. Relativism has flexible standards that have the potential to change according to the individual's feelings and desires. While Biblical Absolutism has a set of standards that are given to us in the Bible and through the 10 Commandments. I also agree with the second characteristic that points out that morality…

We are our choices. This quote by Jean-Paul Sartre directly applies to the situation Jane finds herself in. Are following rules and ethics important if it comes to the detriment of others? In the case study Phantom Expenses Jane is faced with this dilemma. Should she allow coworkers to continue their illegal practices or should Jane not cooperate and report actual expenses? Either choice seems like a lose-lose. In these types of situations it’s always easier to think about short term consequence…

3.1 Deontological theory Deontological theories can be classification as one of the normative theories which are morally required, banned or permitted. The definition of deontological theories means that people should follow to their obligations and duties when analyzing and ethical dilemma (Shakil. A, 2007) This means that people should uphold their duty no matter right or wrong because it is their obligations to another individual and society (Catherine, 2002). It also can be the forms that…