ANALYZING ETHICAL DECISION MAKING: APPLYING THE HUNT‐VITELL MODEL IN INSURANCE COURSES

Mary Ann Boose and F. Peter Dean

Risk Management and Insurance Review, 2000, vol. 3, issue 2, 237-249

Abstract: ABSTRACT: Although many insurance textbooks incorporate ethics cases into their material, most leave both the teacher and the student to consider what is “right” and what is not. Unfortunately, without theoretical underpinnings or formal training in ethical decision making, insurance faculty and their students are left to rely on life experience or feelings rather than critical analyses of the ethics cases. This article introduces the Hunt‐Vitell model of ethical decision making, demonstrates its usefulness in analyzing cases, and introduces a few short cases. Each case consists of a brief scenario, questions to assist the student in analyzing the ethical content of the situation, a list of key insurance terms and issues, and a list of important ethics terms and issues. The article closes with an annotated bibliography and a glossary of ethics terms.

Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:bla:rmgtin:v:3:y:2000:i:2:p:237-249

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