Ch 03 - Utilitarianism s Jeremy Bentham, r 1748-1832...

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Unformatted text preview: Utilitarianism s Jeremy Bentham, r 1748-1832 2011/2/26 1 Utilitarianism: Weighing Social Costs and Benefits s Utilitarianism = Consequential approach s A general term for any view that holds that actions and policies should be valuated on the basis of the benefits 2011/2/26 2 evaluated on the basis of the benefits and costs they will impose on society. s Utility=the inclusive term used to refer to any net benefits produced by an action. Utilitarianism: Weighing Social Costs and Benefits s Cost and benefit analysis = A type of analysis used to determine the desirability of investing in a project by guring whether its resent and future 2011/2/26 3 figuring whether its present and future economic benefits outweigh its present and future economic costs. Example of Utilitarianism (1) s During 1900s, Ford lost market share to Japanese companies making compact, fuel-efficient cars. s Rocky=president of Ford determined to 2011/2/26 4 regain Fords share by rapidly developing a new small car called smart. s Because smart is a rush project, styling considerations dictated engineering design to a greater degree than usual. Example of Utilitarianism (2) s Smarts styling required that the gas tank be placed behind the rear axle, where it was more dangerous to being punctured in case of a rear-end collision. 2011/2/26 5 s When smart underwent the crash-tested, when struck from the rear at 20 miles per hour or more, the gas tank would sometimes rupture and gas would spray out into the passenger compartment. Example of Utilitarianism (3) s In a real accident, it may possibly burn any trapped occupants. s Rocky still went ahead with this design because 2011/2/26 6 r The design met all the legal and government standards as regulations only required a gas tank remain intact in a rear- end collision of less than 20 miles per hour. r Rocky felt that smart is comparable in safety to several other competitors r According to the cost and benefit analysis, the costs of modifying smart would not be balanced by the benefits. Example of Utilitarianism (4) s In a real accident, it may possibly burn any trapped occupants. s Will you continue with the 2011/2/26 7 production of smart is you were Rocky? Example of Utilitarianism (5) s Rocky still went ahead with this design because r The design met all the legal and government standards as regulations only required a gas tank 2011/2/26 8 remain intact in a rear-end collision of less than 20 miles per hour....
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This note was uploaded on 08/22/2011 for the course POLS 1010 taught by Professor King during the Spring '11 term at Utah State University.

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Ch 03 - Utilitarianism s Jeremy Bentham, r 1748-1832...

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