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In contemporary economic theory, a common good is any good which is rivalrous yet non-excludable, while the common good, by contrast, arises in the subfield of welfare economics and refers to the outcome of a social welfare function. Such a social welfare function, in turn, would be rooted in a moral theory of the good (such as utilitarianism).
The Form of the Good, or more literally translated "the Idea of the Good" (ἡ τοῦ ἀγαθοῦ ἰδέα [a]), is a concept in the philosophy of Plato.In Plato's Theory of Forms, in which Forms are defined as perfect, eternal, and changeless concepts existing outside space and time, the Form of the Good is the mysterious highest Form and the source of all the other Forms.
In this context, an intuition is an immediate apprehension or understanding of a self-evident claim, meaning that its truth can be assessed without inferring it from another observation. [102] Value theorists often rely on thought experiments to gain this type of understanding. Thought experiments are imagined scenarios that exemplify ...
The word "ethics" is "commonly used interchangeably with 'morality' ... and sometimes it is used more narrowly to mean the moral principles of a particular tradition, group, or individual." [ 8 ] Likewise, certain types of ethical theories, especially deontological ethics , sometimes distinguish between ethics and morality.
Good is that which should prevail and evil should be defeated. [10] As a religious concept, basic ideas of a dichotomy between good and evil has developed in western cultures so that today: Good is a broad concept, but it typically deals with an association with life, charity, continuity, happiness, love, and justice
The word epistemology comes from the ancient Greek terms ἐπιστήμη (episteme, meaning knowledge or understanding) and λόγος (logos, meaning study of or reason), literally, the study of knowledge. The word was only coined in the 19th century to label this field and conceive it as a distinct branch of philosophy. [10] [c]
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The word sapience is derived from the Latin sapientia, meaning "wisdom". [50] The corresponding verb sapere has the original meaning of "to taste", hence "to perceive, to discern" and "to know"; its present participle sapiens was chosen by Carl Linnaeus for the Latin binomial for the human species, Homo sapiens .