21 terms

LEB - Chapter 36, 37, 38, 1

What is ethics?
The study of morality
Does the ethical standard change depending on the situation?
1. Matters when we consider somone who has an impact.
2. Ethical standards do change depending on the situation.
3. We tend to see our own actions in a better light.
Difference between Law and Ethics
1. The law is in writing
2. Laws take long to change
3. Ethical principals often require self sacrifice.
4. Laws don't require self sacrifice.
4 Components of The Moral Minimum
1. Honesty
2. Loyalty
3. Keeping Commitments
4. Doing no Harm
is there a duty beyond the "minimum"?
Depends on the "society".
Moral Reasoning and Decision Making
1. I.D. the issues(is it a legal issue?)
2. Which rules apply
3.Analyze the facts and information.
4. Are there any conditions.
5. How do you minimize conflict.
6. Prioritizing
Everyone has their own ethics and therefore never wrong.
Everyone shares a common ground and may share similar ethics principles.
Believes that everything will work out. Irrational way of thinking.
Irrational Confidence
Obedience to authority
Maintaining or changing behavior in the presence of an authority to do what they tell us or want us to do.
Conformity Bias
adapt or conform oneself to new or different conditions
A situation in which group members seek unanimous agreement despite their individual doubts
False Consensus Effect
The tendency to overestimate the extent to which others share our beliefs and behaviors
Self-Serving Bias
A readiness to perceive oneself favorably.
In thought, the terms in which a problem is stated or the way that it is structured.(Positively framed, negatively framed.)
Role Morality
People may adopt different moralities for different roles they play in society.
Cognitive Dissonance
An unpleasant state that arises when a person recognizes the inconsistency of his or her actions, attitudes, or beliefs
Sunk Cost
require to lose, suffer, or sacrifice
Time-Delay Traps
One situation is deemed more valuable than another situation because it is closer in time.
Loss Aversion
we easily attach ourselves to things and then value them much more than we valued them before we identified with them.