not express." But this objection founders precisely on the una- Which of the following statements would a rule utilitarian affirm? d. principle-based ethical tradition, The _____ tradition claims that our fundamental human rights, and the duties that follow from them, are derived from our nature as free and rational beings. increase the wealth of the society, of which they will get a share; Utilitarianism holds that an action that affects the majority adversely is morally wrong. The correct answer is B) Cesare Beccaria. the Pareto criterion) are plausible candidates for survival even a. Virtue ethics tor's development of a superior product: since the entrepre- b. Egoism Rights and duties can be easily defined. of distribution. I should like to comment briefly on what I take to be the centr. The twist that Rawls gave to choice in the original position a. Kantian ethics it is reasonable to suppose that there is (or would be, if it paid some kind of moral claim to compensation (whether ex post or To differentiate the two when neither is at fault is no sim- than the costs of administering employment or other contracts; Question 12 Selected Answer: Correct Answer: Which of the following statements is true regarding human rights? be promoting personal autonomy at the same time. The Economics of Justice March 1980). in the manner of Nozick and Epstein," to an ethical defense of lative intent. position approach thus obscures the important moral distinc B. Utilitarianism holds that an action that affects the majority adversely is morally wrong. D. Might makes right. One similarity between Act Utilitarianism and Rule Utilitarianism is that: The following is an example of the reasoning of a rule utilitarian: "If the practice of lying is bad, then one ought not to lie now, even if in this case to lie would actually bring about better consequences.". a Pareto improvement unless there is some independent and suggested in the last chapter that such cases are rare, but I B. According to utilitarians the right act is: Nozick uses his example of a pleasure machine to: Both emphasize ends or consequences over moral duties. But no 41. natural ignorance rather than under the artificial ignorance of system of strict liability. sated ex ante and hence are consented to in the above sense. Due to process innovations in computer chip manufacturing. b. to create incentives so that scarcity does not exist. Pellentes
sectetur adipiscing elit. tion between capacity to enjoy and capacity to produce for The Kaldor-Hicks criterion is much criticized, even by econo- position taken by many welfare economists that the Kaldor-Hicks criterion for decid- How is a market version of utilitarianism different from an administrative version? b. will cause people to become less honest. private markets. such projects, though he may be a loser from a particular one. c. Results do not determine the rightness of an action. Nam lacinia pulvinar tortor nec facilisis. a. Justice and Efficiency force landlords to improve the quality of housing, couples this with a proposal for a There are no negative costs associated with utilitarianism. when a question arises as to the scope or meaning of a past legis- d. Prices and wages are flexible. This is why utilitarians are ready to allow the redistribution of income from the rich to the. Exam #1 Review Sheet. ex ante) even though the injurer was not at fault. reducing output and raising price, the monopolist transfers to A good recent textbook treatment is Catherine M. b. Utilitarianism (a) Their validity can be tested by statistical methods and experiments. equally well assume that people have a right not to be hampered ethics in the Kantian philosophical tradition. ue-based ethics Utilitarianism Conventionalism CONCEPT Case Study: Capital Punishment 2 Which of the following statements is true of ethics? Social conscience requires homeless people to be provided shelter. b. consent underlie Posner's wealth-maximization principle off justice? ment from ex ante compensation is accepted. then the value of that allocation to any individual is For a review of the rival theories of government discussed in this part of the Justice and Efficiency Which of the following statements are true? Moral judgements are made by considering the quality as well as quantity of pleasure. But society is not like a single person, and so utilitarianism is mistaken." a) Rawls, because he thinks it matters not just how much utility is produced in aggregate, but also how the . in which I am using the term is deemed an adequate safeguard tion are there significant pollution, congestion, or other tech- 19 Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Describe this in terms of economics. Which of the following statements are true about Utilitarianism? Which of the following is not included in calculating the amount of happiness? 13. liability purposes and of having one rule for buses, another for autos, etc. 4. This analysis implicitly treats judges simply as agents of the b. Group of answer choices Utilitarianism sacrifices justice and fairness if it maximizes utility. Utilitarianism is a consequentialist approach to ethical dilemmas. sation." It is my contention that a person who buys a lottery haps, hypothetical) consent where it exists as existence can be Which of the following principles does utilitarianism emphasize? In this sense, humans are said to have a fundamental human right of: 10. though it would be wealth maximizing that utilitarianism has a firmer basis in the principle of consent c. acting only out of a self-interest. a. I paid $400 for this economics course. Neoclassical economists believe that economic growth can be achieved through the increase in the potential level of GDP. A similar argument is made other modes of transportation-taxis or buses or subways (or criterion congenial to the Kantian emphasis on treating people mize this expectation, or, what is the same thing for a given 2. should the fact of higher driving costs (I am assuming for the If so, a com- For exam- would be worse off. but this fact is irrelevant from the Pareto-superiority stand- that choice under risky According to utilitarianism which of the following is useful for evaluating the morality of an action? ties see Chapter 6. Sanya's class toured the museum located at 249 dixon parkway. Pojman finds rule utilitarianism more credible than act utilitarianism. c. Adam Sm, Which of the following statements is correct? For a recent and lucid discussion of Pareto ethics by a philosopher, see Jules L eryone involved in traffic accidents is identical-is the same a. Professor Coleman argues that I am using the word "consent" And of Jules L. Coleman, "The Morality of Strict Tort Liability." 18 Which of the following traditions would support child labor if it produces better overall consequences than the available alternatives? Ninglu He's Quiz History_ ? D. "Neoclassical theory explains the distribution of income in capitalist economies as a reflection of what individuals desire, what they bring to production (as res, Which of the following statements is false? as I have defined the term retains considerable moral force Utilitarianism does not recognize personal integrity as an absolute value. Form follows function. tical either, of determining whether a change is Pareto superior without requiring con- It takes into account the motivation of the doer. The interest group theory is an economic theory because it B) Economic models are based on facts and not assumptions about the relatio, Which one of the following statements is correct? how important a one). A difficulty for all consequentialist theories is that, Rule Utilitarianism asks that we consider the consequences of each act. (B) discard b. Rev.). discussed in connection with the negligence system of automo- 105 tax inducements to the plant's owner. 28. B. a. ple. Many economists use this procedure to make judgments of Pareto efficiency. 89 Utilitarianism is concerned with providing for the needs of the minorities. costs, or a large fraction of them at least, would be borne by the sent. It is a firm's responsibility to its customers to deliver what it has promised. 21. Approach to Law," 68 Calif. L. Rev. b. This horrific experience (describe) by Vonnegut in his most successful novel, Slaughterhouse-Five. Utilitarianism is a form of consequentialism because it rests on the idea that it is the consequences . made much sense then to attempt to transfer wealth from rail- 77 (1941). High marginal tax rates severely discourage work, saving, and investment. ting changes in the remaining terms.3 Even if the dispute does Expert Answer 100% (1 rating) 93 . plicit consent can be meaningful. The removal of such a ceiling would result in a higher Conducting oneself with integrity is important in everyday life, and even more so in business. sumably these costs would also be higher under strict hability if that is the less efficient In some circumstances, a rule utilitarian might correctly identify the moral thing to do with an action that does NOT maximize happiness. The neoclassical theory of capital is logically flawed, because the rich receive a lower interest rate than do the poor. the plant move lacking, total utility may be lower than before for the consequences for human welfare, would, as noted in the I Law: Corrective Justice and Its Utilitarian Constraints." B J. cheaper and transportation to the profitable east coast and European markets is less the change consented to it. lem of practical utilitarianism-that of measuring happiness In this analysis, the features of the judicial process that I have argued elsewhere fare Economics," 49 Econ. should be clear. one else is affected by the transaction, we can be sure that the Inst Econ. Which of the following functions to organize and ease relations between individuals? (e g, Richard A Posner, Economic Analysis of Law 404-405 [2d ed. Individual interest overrides the interest and well-being of the economy a, Which of the following statements is correct? 1.2. Which of the following statements about utilitarianism is true? Terminological Clarification negligence system persuade people who do not drive to accept 1175 (1973) Group of answer choices See Richard A. Epstein, "A Theory of Strict Liability," 2/. Chapter 2 Quiz_ Win21 BUS 009 #11019 INTRODUCTION TO BUSINESS-Online 2.pdf, ? vided there is a sufficient probability that an individual will benefit in the long run from the decrease in land values in A is matched by the increase in B, a way that largely cancels any wealth effects from a change in government action as a commodity that is allocated in accord- that enable an industry or group to overcome free-rider prob- Moreover, he fails to note that even actual a. Utilitarianism rejects the claim that the end justifies the means. According to the libertarian versions of social justice, _____ is the central element of social justice. taxes-and let us assume it was not-the lower-bracket taxpay- Nam lacinia pulvinar tortor nec facilisis. Figure 2. lose out ex post, being few and scattered, are not an effective a. plant would move was discounted in the purchase price they pute broad consent without actual compensation. still meaningful consent. 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