In: Economics
I need to know how to make an ethical decision in detail?
Ethical judgments may be
Field of ethics may be
Ethical decision-making process
3 Frameworks for Ethical decision-making processes
Consequentialist |
Duty |
Virtue |
|
Deliberative process |
What kind of outcomes should the decision maker produce (or try to produce)? |
What are the obligations in this situation, and what are the things I should never do? |
What kind of person should I be (or try to be), and what will my actions show about my character? |
Focus |
Directs attention to the future influence of an action, for all people who will be indirectly or directly affected by the action. |
Directs attention to the duties that exist prior to the situation and determines obligations. |
Attempts to discern character traits (virtues and vices) that are, or could be, motivating the people involved in the situation. |
Definition of Ethical Conduct |
Ethical conduct is the action that will achieve the best consequences. |
Ethical conduct involves always doing the right thing: never failing to do one's duty. |
A fully virtuous person would ethical conduct in the circumstances. |
Motivation |
Aim is to produce the best. |
The aim is to perform the right action. |
The aim is to develop one’s character. |