Description Exercise Content 1- Consider yourself the owner of an invisibility hat. You may wear t ...

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Description Exercise Content 1- Consider yourself the owner of an invisibility hat. You may wear the hat for twenty-four (24) hours. What would you do? Would you react as a psychological egoist, an ethical egoist, or an altruist? Explain your answer using class notes. Ethical egoism is the normative ethical position that moral agents ought to do what is in their own self-interest. It is important to distinguish this from Psychological egoism, the claim that people can only act in their own interest. Psychological egoism is a claim about how people do act, not a claim about how they ought to act.Ethical egoism contrasts with ethical altruism, which holds that moral agents have an ethical obligation to help or serve others. Types of ethical egoism Individual ethical egoist : would hold that all people should do whatever benefits him Personal ethical egoist: that he should act in his own self-interest, but makes no claims about what anyone else ought to do Universal ethical egoist: argue that everyone should act in ways that are in their own interest.