In terms of Engineering Ethics, how and when do conflicts of interest arise? Give an example.

In terms of Engineering Ethics, how and when do conflicts of interest arise? Give an example.

Expert Solution

Conflicts of Interest:

An individual has two or more desires that all interests cannot be satisfied given the circumstances.

Professional Conflicts of Interest are situations where professionals have an interest, if pursued, could keep them from meeting one of their obligations to their employers.

Types of conflicts of Interest:

Actual Conflicts of interest - loss of objectivity in decision making and inability to faithfully discharge professional duties to employer.
Potential conflicts of interest - may corrupt professional judgement in the future, if not in the present.
Apparent conflicts of interest - there are situations in which there is the appearance of a conflict of interest

When does a conflict of interest arise :

Not conflicting interest
Person in a position requiring exercise of judgement
Special interests that might interfere with the exercise of that judgement

Financial interests
Family connections
Prior relationships

Why does conflicts of interestmay seem unethical?

Ethical concerns raised by conflict of interest

potential bias
perceived deception
loss of trust

Appearance of a conflict of interest

What can you about a conflict of interest?

Recusal
Disclosure
Management

Example for conflict of interest:

In The Lion King movie, Simba has an external conflict with his uncle Scar, but he also has an internal conflict as he works through his guilt over his father's death.
In the Harry Potter, Harry's main conflict is with Voldemort and those who are working for him.

samet mamat answered 1 year ago

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