Question Municipality “X” is adjacent to a river and there is some… Municipality “X” is adjacent to a river and there is some development in the flood plain, which varies from low-income housing to very expensive homes. When doing a risk assessment on flooding, the community emergency manager used the equation Risk = Hazard Probability x Consequences. Consequences were based upon an economic calculation of how much total economic damage would happen during a flood event. Explain how this process represents ethical thinking using utilitarian and deontological reason, in terms of (i) what is included in the risk calculation, and (ii) what is excluded in the risk calculation? After a flood event in municipality “X” governmental disaster financial assistance (DFA) kicked in to assist people with recovery. Some people had purchased flood insurance, and some had not for a variety of reasons that are unclear but might include: (1) not being able to afford it, (2) not realizing that they lived in a flood plain, or (3) anticipating that even if a flood did occur, the government would help them out with the costs of rebuilding, so “why bother buying insurance…”. (i) Is “moral hazard” relevant to any of the above reasons? Explain your answer. (ii) What are the utilitarian and deontological ethical arguments against providing DFA to all of those who were uninsured (assume that you have no idea as to the reasons why they did not purchase it)? Social Science Sociology ADMS 3707 Share QuestionEmailCopy link Comments (0)