Reiner 4 Neuroethics 65 Neuroscience has substantially advanced the understanding of how changes in brain biochemistry contribute to mechanisms of tolerance and physical dependence via exposure to addictive drugs. Promoting a brain disease concept is grounded in beneficent and utilitarian thinking: However such claims may yield unintended consequences by fostering discrimination commonly associated with pathology. Specifically, the language of neuroscience used to describe addiction may reduce attitudes such as blame and responsibility while inadvertently identifying addicted persons as neurobiological others.
Definitions[ edit ] Firefighters at work The Oxford English Dictionary cites the earliest use of the word in English in the spelling of risque from its from French original, 'risque' as ofand the spelling as risk from It defines risk as: Exposure to the possibility of loss, injury, or other adverse or unwelcome circumstance; a chance or situation involving such a possibility.
This definition, using project terminology, is easily made universal by removing references to projects. This concept is more properly known as the 'Expectation Value' or 'Risk Factor' and is used to compare levels of risk The probability or threat of quantifiable damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action.
The possibility that an actual return on an investment will be lower than the expected return. A situation where the probability of a variable such as burning down of a building is known but when a mode of occurrence or the actual value of the occurrence whether the fire will occur at a particular property is not.
The probability of a loss or drop in value. Trading risk is divided into two general categories: Also called market risk. Also called non-market risk, extra-market risk or diversifiable risk.
Product of the consequence and probability of a hazardous event or phenomenon.
For example, the risk of developing cancer is estimated as the incremental probability of developing cancer over a lifetime as a result of exposure to potential carcinogens cancer-causing substances. In this definition, uncertainties include events which may or may not happen and uncertainties caused by ambiguity or a lack of information.
It also includes both negative and positive impacts on objectives. Many definitions of risk exist in common usage, however this definition was developed by an international committee representing over 30 countries and is based on the input of several thousand subject matter experts.
Other[ edit ] Very different approaches to risk management are taken in different fields, e. Risk can be seen as relating to the probability of uncertain future events. In computer science this definition is used by The Open Group.
References to negative risk below should be read as also applying to positive impacts or opportunity e. The related terms " threat " and " hazard " are often used to mean something that could cause harm.
Practice areas[ edit ] Risk is ubiquitous in all areas of life and risk management is something that we all must do, whether we are managing a major organisation or simply crossing the road.
When describing risk however, it is convenient to consider that risk practitioners operate in some specific practice areas. Economic risk[ edit ] Economic risks can be manifested in lower incomes or higher expenditures than expected.
The causes can be many, for instance, the hike in the price for raw materials, the lapsing of deadlines for construction of a new operating facility, disruptions in a production process, emergence of a serious competitor on the market, the loss of key personnel, the change of a political regime, or natural disasters.The best opinions, comments and analysis from The Telegraph.
Risk is the possibility of losing something of value. Values (such as physical health, social status, emotional well-being, or financial wealth) can be gained or lost when taking risk resulting from a given action or inaction, foreseen or unforeseen (planned or not planned).Risk can also be defined as the intentional interaction with uncertainty.
Virtue ethics takes its philosophical root in the work of the ancient Greek philosopher Aristotle. Virtue theories claim that ethics is about agents, not actions or consequences. Courage, for example, is often regarded as a virtue, but can there not be courageous bank robbers? It certainly seems that a bank robber could exhibit courage.
Oct 02, · Virtue ethics is person rather than action based. It looks at the moral character of the person carrying out an action. A right act is the action a virtuous person would do in the same. G. K. Chesterton’s collection What’s Wrong With The World surprisingly does not open with “this is going to take more than one book.”.
In fact, he is quite to-the-point about exactly what he thinks the problem is: Now, to reiterate my title, this is what is wrong. 10 Signs You Know What Matters. Values are what bring distinction to your life. You don't find them, you choose them. And when you do, you're on the path to fulfillment.