Moral Hazard Essay

The problem solving methods that might be helpful to assist Jerry in making an ethical decision would be to establish trust with the patient and become aware of the problem. Then analyze the problems and decide on a plan with the patient. He will then want to make sure he reinforces the commitment to the patient and activate the plan. Last, he will follow through with the task and monitor everything until the situation is taken care of.

The tort law section that falls into this case is negligence. Negligence is made up of three elements which determine negligence and duty of care is owed in this case State of Victoria v Bryar [1970] 44 ALJR 174.

On the other hand although their similarities are close knit; they each have a distinct difference depending on the individual. For instance, recently the complex next door caught fire due to bad wiring. The company put all the tenants up for the weekend because they believed that this is what they ought to do. After the weekend the tenants were told that the situation had been turned over to their insurance company and it was out of their hands. The tenants believe that the company should hold their self-responsible and accommodate them much more.

The theories of virtue, utilitarianism, and deontology are similar in some aspects but for the most part are very different. Each of the theories will be explained to show their differences and the type of person that would gravitate towards that theory. Through the explanations one would also be able to consider where there morals or ethics may lie but can also see themselves in each theory.

The case study selected for week three centers on a liability and assumption of risk case study. In this case study, Brent Thomas and George Banks are facing liability charges after Ricky Watts sustained a serious injury during hockey practice (Essex, 2016). In this situation, Thomas is the school principal, and Banks is the hockey coach as well as the gym teacher (Essex, 2016). Ricky obtained injuries after improperly blocking the puck (Essex, 2016). This case study was selected because it highlights a situation that will likely be faced by all future school leaders. Sports are popular among students, and there is inherent risk in each sporting event. A school is open to liability if they do not ensure that proper protocols are met.

Nurses are faced with ethical issues and dilemmas on a regular basis. Nurses must understand his or her values and morals to be able to deal adequately with the ethical issues he or she is faced with. Some ethical issues nurses are exposed to may be more difficult than others and the ethical decision making process is learned over time.

reveal or divulge any such information unless it is necessary for you to do so in the

The question of what is truly the nature of justice remains an unanswered question as noted by Bertrand Russell in ‘The History of Western Philosophy’ wherein he notes that Socrates was unable to provide a convincing rebuttal of Glaucon’s arguments on justice, and neither have all the social philosophers since, been able to do. Amartya Sen, in his book ‘The Idea of Justice’, has

Choice 2: A married couple, both addicted to drugs, are unable to care for their infant daughter. She is taken from them by court order and placed in a foster home. The years pass. She comes to regard her foster parents as her real parents. They love her as they would their own daughter. When the child is 9 years old, the natural parents, rehabilitated from drugs, begin court action to regain custody. The case is decided in their favor. The child is returned to them, against her will. Does ethics support the law in this case? Discuss.

In this paper I will discuss the ethical vignette as it deals with confidentiality and ethical dilemmas that counselor’s face. I will reflect on a video presentation as well as the North Carolina rules and regulation and the ACA Code of Ethics as it relates to confidentiality and ethics. I will explain why confidentiality is important and what the rules says about it. This will help me and others to become a better counselor.

An ethical dilemma is an incident that causes us to question how we should react based on our beliefs. A decision needs to be made between right and wrong. I have experienced many ethical dilemmas in my lifetime, so I know that there is no such thing as an ethical dilemma that only affects one person. I also know that some ethical dilemmas are easier to resolve than others are. The easy ones are the ones in which we can make decisions on the spot. For example, if a cashier gives me too much change, I can immediately make a decision to either return the money or keep it. Based on Kant’s, categorical imperative there are two criteria for determining moral right and wrong. First, there is universalizability, which states, “the person’s

In the play Romeo and Juliet and the musical Wet Side Story, the two pairs of lovers were part responsible for their tragic fates. First, Romeo’s and Juliet’s families were enemies. In comparison, Tony and Maria of West Side Story were practically apart of gangs that were enemies as well. Second, both couples knew they shouldn’t have been together especially if they had to hide it. Third, Romeo and Juliet gave up hope when they committed suicide. Last, the couples knew their situations would be dangerous and would cause more feuding than there already was.

Risk management is the term applied to a logical and systematic method of establishing the context, identifying, analyzing, evaluating, treating, monitoring and communicating risks associated with any activity, function or process in a way that will enable organizations to minimize losses and maximize opportunities. (Lecture notes)Risk Management is also described as 'all the things you need to do to make the future sufficiently certain'. (The NZ Society for Risk Management, 2001)

Everyday we are tested as individuals to make the right choice. How we view ourselves as individuals and how others view us are directly correlated to our moral decision-making. But morals are somewhat misleading. What might be a wrong decision for one person might be a solution to another. So how do we define morals? Do we follow Gods’ moral rules because to do so would increase out likelihood of obtaining salvation in the afterlife? Or is it simpler than that. Is God going to deny our entrance into heaven because we have run a stop sign here and there? No. I believe our moral values are much simpler than that. I believe that our moral decision-making comes from our upbringing of what is right or wrong. Our parents and

Asymmetric information is the study of decision in transactions where one party gains more information than the other party. The theory of asymmetric information was first proposed in the 1970s and 1980s, it sometimes refers to as information failure and it is the contrast term to perfect information. Asymmetric information occurs whenever one party in an economic transaction appears to have greater knowledge than the other party engaged in the transaction. This normally explains itself when the seller (the first party) of a good or service possesses more information than the buyer (the second party), however, the opposite situation could be also possible like in the situation of financial market where the borrower (the second party) knows more information about his financial state than the lender (the first party). A good example of asymmetric information manifests in the situation of selling a car, in which the seller has the full knowledge of the car and its