ARBUS202 Study Guide - Final Guide: Fiduciary, Bias Blind Spot, Voting Paradox
2 May 2016
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The student will identify confirmation bias: focus on evidence that proves we are right, ignore evidence that suggests that we are wrong. The student will identify bias blind spot: even though we are susceptible; we think we are the exception. Can"t make someone better off without making someone worse off. The student will explain different ways how markets can fail; The student will differentiate between moral theories: virtue theory (aristotle) character. Happiness is the only thing we pursue for its own sake (only thing with intrinsic value) Achieve happiness by living a life of virtue mean b/w excess and deficiency: deontology (kant) duty. Do our duty; and do it for the right reasons. Act so that you treat humanity always as an end and never as a means only . Act only on that maxim through which you can at the same time will that it should become a universal law.
