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Utilitarianism Emphasizes That the Rightness of an Act Has to Do

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Utilitarianism emphasizes that the rightness of an act has to do with the , that is, it has to do with what will happen as the result of our actions.


Definitions:

Arbitrage Proofs

Strategies or proofs demonstrating the ability to generate risk-free profits by exploiting price differences across markets.

Futures Market

A marketplace where individuals have the opportunity to trade standardized contracts for futures, which are agreements to purchase predetermined amounts of a commodity or financial instrument at an agreed-upon price, with the delivery scheduled for a future date.

CAPM

Capital Asset Pricing Model, a theory used to determine the expected return on investment by correlating the risk of an asset to its expected return.

Exchange Rate

The rate at which one currency can be exchanged for another, usually used in the context of foreign exchange markets.

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