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Real Options and Investment Incentives
Gunther Friedl
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Disponibilidad
Institución detectada | Año de publicación | Navegá | Descargá | Solicitá |
---|---|---|---|---|
No detectada | 2007 | SpringerLink |
Información
Tipo de recurso:
libros
ISBN impreso
978-3-540-48266-6
ISBN electrónico
978-3-540-48268-0
Editor responsable
Springer Nature
País de edición
Reino Unido
Fecha de publicación
2007
Información sobre derechos de publicación
© Springer-Verlag Berlin Heidelberg 2007
Cobertura temática
Tabla de contenidos
Introduction
Gunther Friedl
The aim of this paper is to reflect upon some fundamental issues in bioethics and how they may be related to the topic of limits. Of course, one might ask if there is any ethical item that cannot be related to the topic of limits. Ethics could even be defined as the art of setting and justifying limits in order to instil a sense of reasonable, acceptable regulations. Without limits everything and everyone would lack coherence and identity. On the other hand there seems to have been an important cultural change in attitude towards many forms of limitations which are no longer automatically accepted as the lines at which we have to stop, or at least must ask permission to go any further. They are seen more or less as borders that can be crossed in order to discover areas of completely new possibilities, broadening the range of human activities and conferring the power to transform the original structure of nature. As far as I can see the ethical evaluation of limits depends more on assumptions linked to general worldviews and less on the construction of an ethical argument in specific situations. It makes a difference whether the ethicist is fundamentally seen as the border guard between the areas of the permissible and the forbidden, or whether ethics first of all has the task of surveying a partly unknown territory where we are not sure of the precise demarcations. In the modern understanding of nature, normative standards must be justified and can no longer be deduced from the description of a natural framework implying pre-existing moral rules.
Pp. 1-5
Institutional and Methodological Background for the Analysis of Investment Incentives
Gunther Friedl
The aim of this paper is to reflect upon some fundamental issues in bioethics and how they may be related to the topic of limits. Of course, one might ask if there is any ethical item that cannot be related to the topic of limits. Ethics could even be defined as the art of setting and justifying limits in order to instil a sense of reasonable, acceptable regulations. Without limits everything and everyone would lack coherence and identity. On the other hand there seems to have been an important cultural change in attitude towards many forms of limitations which are no longer automatically accepted as the lines at which we have to stop, or at least must ask permission to go any further. They are seen more or less as borders that can be crossed in order to discover areas of completely new possibilities, broadening the range of human activities and conferring the power to transform the original structure of nature. As far as I can see the ethical evaluation of limits depends more on assumptions linked to general worldviews and less on the construction of an ethical argument in specific situations. It makes a difference whether the ethicist is fundamentally seen as the border guard between the areas of the permissible and the forbidden, or whether ethics first of all has the task of surveying a partly unknown territory where we are not sure of the precise demarcations. In the modern understanding of nature, normative standards must be justified and can no longer be deduced from the description of a natural framework implying pre-existing moral rules.
Pp. 7-36
Capital Rationing as an Incentive Instrument for Growth Options
Gunther Friedl
The aim of this paper is to reflect upon some fundamental issues in bioethics and how they may be related to the topic of limits. Of course, one might ask if there is any ethical item that cannot be related to the topic of limits. Ethics could even be defined as the art of setting and justifying limits in order to instil a sense of reasonable, acceptable regulations. Without limits everything and everyone would lack coherence and identity. On the other hand there seems to have been an important cultural change in attitude towards many forms of limitations which are no longer automatically accepted as the lines at which we have to stop, or at least must ask permission to go any further. They are seen more or less as borders that can be crossed in order to discover areas of completely new possibilities, broadening the range of human activities and conferring the power to transform the original structure of nature. As far as I can see the ethical evaluation of limits depends more on assumptions linked to general worldviews and less on the construction of an ethical argument in specific situations. It makes a difference whether the ethicist is fundamentally seen as the border guard between the areas of the permissible and the forbidden, or whether ethics first of all has the task of surveying a partly unknown territory where we are not sure of the precise demarcations. In the modern understanding of nature, normative standards must be justified and can no longer be deduced from the description of a natural framework implying pre-existing moral rules.
Pp. 37-54
Residual Income as a Performance Measure for Switching Options
Gunther Friedl
The aim of this paper is to reflect upon some fundamental issues in bioethics and how they may be related to the topic of limits. Of course, one might ask if there is any ethical item that cannot be related to the topic of limits. Ethics could even be defined as the art of setting and justifying limits in order to instil a sense of reasonable, acceptable regulations. Without limits everything and everyone would lack coherence and identity. On the other hand there seems to have been an important cultural change in attitude towards many forms of limitations which are no longer automatically accepted as the lines at which we have to stop, or at least must ask permission to go any further. They are seen more or less as borders that can be crossed in order to discover areas of completely new possibilities, broadening the range of human activities and conferring the power to transform the original structure of nature. As far as I can see the ethical evaluation of limits depends more on assumptions linked to general worldviews and less on the construction of an ethical argument in specific situations. It makes a difference whether the ethicist is fundamentally seen as the border guard between the areas of the permissible and the forbidden, or whether ethics first of all has the task of surveying a partly unknown territory where we are not sure of the precise demarcations. In the modern understanding of nature, normative standards must be justified and can no longer be deduced from the description of a natural framework implying pre-existing moral rules.
Pp. 55-71
Residual Income as a Performance Measure in the Presence of Waiting Options
Gunther Friedl
The aim of this paper is to reflect upon some fundamental issues in bioethics and how they may be related to the topic of limits. Of course, one might ask if there is any ethical item that cannot be related to the topic of limits. Ethics could even be defined as the art of setting and justifying limits in order to instil a sense of reasonable, acceptable regulations. Without limits everything and everyone would lack coherence and identity. On the other hand there seems to have been an important cultural change in attitude towards many forms of limitations which are no longer automatically accepted as the lines at which we have to stop, or at least must ask permission to go any further. They are seen more or less as borders that can be crossed in order to discover areas of completely new possibilities, broadening the range of human activities and conferring the power to transform the original structure of nature. As far as I can see the ethical evaluation of limits depends more on assumptions linked to general worldviews and less on the construction of an ethical argument in specific situations. It makes a difference whether the ethicist is fundamentally seen as the border guard between the areas of the permissible and the forbidden, or whether ethics first of all has the task of surveying a partly unknown territory where we are not sure of the precise demarcations. In the modern understanding of nature, normative standards must be justified and can no longer be deduced from the description of a natural framework implying pre-existing moral rules.
Pp. 73-90
Implications and Conclusions
Gunther Friedl
The aim of this paper is to reflect upon some fundamental issues in bioethics and how they may be related to the topic of limits. Of course, one might ask if there is any ethical item that cannot be related to the topic of limits. Ethics could even be defined as the art of setting and justifying limits in order to instil a sense of reasonable, acceptable regulations. Without limits everything and everyone would lack coherence and identity. On the other hand there seems to have been an important cultural change in attitude towards many forms of limitations which are no longer automatically accepted as the lines at which we have to stop, or at least must ask permission to go any further. They are seen more or less as borders that can be crossed in order to discover areas of completely new possibilities, broadening the range of human activities and conferring the power to transform the original structure of nature. As far as I can see the ethical evaluation of limits depends more on assumptions linked to general worldviews and less on the construction of an ethical argument in specific situations. It makes a difference whether the ethicist is fundamentally seen as the border guard between the areas of the permissible and the forbidden, or whether ethics first of all has the task of surveying a partly unknown territory where we are not sure of the precise demarcations. In the modern understanding of nature, normative standards must be justified and can no longer be deduced from the description of a natural framework implying pre-existing moral rules.
Pp. 91-96