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week 3 ethics notes

by: Kalli Wyatt

week 3 ethics notes BUSM 390

Marketplace > Brigham Young University > BUSM 390 > week 3 ethics notes
Kalli Wyatt

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Heuristic and ethic philosophies
Ethics for Management
Aaron Miller
Class Notes
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This 3 page Class Notes was uploaded by Kalli Wyatt on Wednesday September 14, 2016. The Class Notes belongs to BUSM 390 at Brigham Young University taught by Aaron Miller in Fall 2016. Since its upload, it has received 4 views.

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Date Created: 09/14/16
Virtue (oldest of the frameworks philosophically speaking) • Aristotle: • Virtue • The good person living the good life • Good character is necessary for living the good life. (Character is the sumo your actions) • Ethics is being an ethical person not just acting ethically • 4 cardinal Virtues • Prudence • Temperance • Courage • Justice • Christian philosophy • Faith • Hope • Charity • Josephson institute for global ethics—> • Honesty • Responsibility • Respect • Fairness • Compassion • The professionals • Doctors — healers of body • Lawyers — healers of law • Ministers — healers of spirit • Accountant • Engineer ◦ They’re all bound by rules • Virtue ethics is very identity bound. Based on your character. Questions: • Isn’t this just a slave morality? ◦ Slave morality—> ethical values are just defined by whom you obligated to? • What about justice? ◦ The relationships we have get priority so where does justice fit in. • What is the right kind of care? ◦ Is it what they need or what they want/ Cognitive Bias • How We View the World • Heuristic is a mental shortcut • Availability Heuristic —> People tend to weigh the more immediately available information ◦ The GPA questions about the Marriott School. We answered the question based on the information we had at our fingertips rather than actually researching it for our selves. ◦ How does the availability heuristic affect our ability to perceive risk? ◦ It leads us to view recent probabilities as normal probabilities. ▪ i.e. our classmates that won on the price is right and the Ellen show make us feel like we could win too. ◦ How does the availability heuristic affect our ability to perceive cause? ◦ It leads us to assume recent causes are regular causes ▪ i.e. athletes obsession with dirty socks that make them lucky ▪ Availability Heuristic is impactful in ethics because it changes the situation from an obvious answer to a dilemma ▪ i.e. impromptu dilemma about sending the gift back to the supplier even though your boss kept his gift ◦ If someone wants you to do something unethical they HOPE that you won’t research it. They want you to use availability heuristic. Never take things at face value. • Representativeness Heuristic —> People tend to make judgments based on how well the information represents the norm. ◦ R.H. affect our ability to perceive risk? ▪ It leads us to treat small risks as being zero risks and large risks as certainties ◦ R.H. affects our ability to perceive cause? ▪ It leads us to consider regular causes as permanent causes and rare causes as negligible ▪ Similar to stereotyping • Framing and Anchoring —> people can be strongly influenced by the context in which information is given. ◦ Framing is how you word your question ◦ Anchoring is the numbers you use in your question —> shockingly effective. ◦ Framing and anchoring affects our perception of risk by leading us to misperceive risk based on the context. ◦ Framing and anchoring affects our perception of cause by leading us to assume a stated cause is a normal cause.


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