New oxford american dictionary in other words

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Unformatted text preview: Central questions Utilitarianism Deontology A. Asher’s framework 19/20 Actuarial Statistics – Module 4b: Ethical perspectives Moral judgement: Possible frameworks Deontology Deontology “The study of the nature of duty and obligation.” (New Oxford American Dictionary) In other words: “Something is right or wrong, irrespective of the consequences.” Examples: Human rights (is meant to be universal) Don’t do to others what you wouldn’t like them to do to you (a fairly universal principle, across cultures and religions) ‘Takaful’ insurance: insurance organised according to Islamic law positive rights (e.g., having food and shelter) vs negative rights (e.g., not to be killed or raped) not always easy to determine in an insurance context. . . 19/20 Actuarial Statistics – Module 4b: Ethical perspectives Moral judgement: Possible frameworks A. Asher’s framework 1 Introduction - Ethics Some elements of definition The process 2 Moral awareness in context: Actuarial applications Discrimination in insurance Heterogeneity in insurance Heterogeneity - Illustrations Discrimination - Illustrations 3 Moral judgement: Possible frameworks Central questions Utilitarianism Deontology A. Asher’s framework 20/20 Actuarial Statistics – Module 4b: Ethical perspectives Moral judgement: Possible frameworks A. Asher’s framework A. Asher’s Framework See appendix A of Asher, A (2010) Innovation and Imperatives in Financial Security Systems [link] 20/20...
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