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Medical ethics is an applied branch of ethics which analyzes the practice of clinical medicine and related scientific research. [1] Medical ethics is based on a set of values that professionals can refer to in the case of any confusion or conflict.
The ethics of care (alternatively care ethics or EoC) is a normative ethical theory that holds that moral action centers on interpersonal relationships and care or benevolence as a virtue. EoC is one of a cluster of normative ethical theories that were developed by some feminists and environmentalists since the 1980s. [ 1 ]
In most systems, healthcare providers have a legal and ethical responsibility to ensure that a patient's consent is informed. This principle applies more broadly than healthcare intervention, for example to conduct research, to disclose a person's medical information, or to participate in high risk sporting and recreational activities.
Principlism is an applied ethics approach to the examination of moral dilemmas centering the application of certain ethical principles. This approach to ethical decision-making has been prevalently adopted in various professional fields, largely because it sidesteps complex debates in moral philosophy at the theoretical level.
Ambiguity tolerance–intolerance was formally introduced in 1949 through an article published by Else Frenkel-Brunswik, who developed the concept in earlier work on ethnocentrism in children [3] In the article which defines the term, she considers, among other evidence, a study of schoolchildren who exhibit prejudice as the basis for the existence of intolerance of ambiguity.
Your risk tolerance plays a crucial role in your game plan for growing your money. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in ...
Having a moderate risk tolerance means you might be willing to deal with market volatility or a slightly greater chance of losing your stake for the opportunity to realize higher returns.
The theory has come to extend well beyond economics or institutional studies to all contexts of information asymmetry, uncertainty and risk. In the context of law, principals do not know enough about whether (or to what extent) a contract has been satisfied, and they end up with agency costs .