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Consequential Ist Categorical Imperative
1,698 wordsEthics, broadly conceived, is concerned with questions about value, how we should live, and what we should do. Normative ethics is concerned with developing general theories in response to these kinds of questions. Consequentialist's, contract arians, virtue ethicist's, Kantians, and still others all develop different theories. But these theorists understand the subject matter itself differently, stress different questions, and offer different answers. These differences themselves then become th...
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Consequential Ist Utility Maximization
1,722 words... concerned with utility maximization as any good consequential ist, is personally responsible for how he evaluates each particular situation. If, through a mis evaluation of the situation, he performs actions that produce a very bad state of affairs, he cannot say "I was just following orders. " The de ontologist may insist that the rule-of-thumb-utilitarian can always say "oh well, I tried my best, " but the de ontologist who produces bad states of affairs can clearly say the same thing - in...
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Laissez Faire Utility Maximization
2,361 wordsThe Role of Government in Business Environment Table of Contents Chapter Government and Business (Economic) Institutions. The New Constitutional Economics - 3 Buchanan's Constitutional Economics and the Institutional Foundation of Liberal Order - 6 Regulatory Function of Government in Business Environment Corporate Governance - 14 The Sarbanes-Oxley Act of 2002 - 15 The Implementation of Chief Risk Officers - 17 Case of Enron Corporation - 19 Government as Environmental Policy Formulator Green L...
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Sarbanes Oxley Act Code Of Ethics
2,338 words... have the incentive to free ride. So, from whence the motive for participation? Buchanan's answer was: Ethics. "[Becoming informed about, and participating in the discussion of, constitutional rules may require the presence of some ethical precept that transcends rational interest for the individual" (p. 155), an "ethic of constitutional citizenship" (Buchanan 156). This raises the obvious question: In a world of methodological individualism, utility maximization, and rational choice, where d...
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Laissez Faire Utility Maximization
3,408 wordsIn recent decades, the various economies of the world have seen a fundamental shift away from Keynesian economics towards neo-classical and liberal economics. The consequence of this has been the re-emergence of a market oriented laissez-faire economic doctrine, which despises government and anything, which may restrict the supremacy of the market. The idea that the private sector is the real source of economic growth and hence that there is the need to trim down the? inefficient? public sector ...
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