Para 4: ethical guidelines reduce and manage risk
• P: ethical costs are now largely managed through professional standards and guidelines.
• E: the British Psychological Society (BPS, 2009) outlines four core principles - respect, competence, responsibility, and integrity - to protect participants. The Canadian Psychological Society goes further, encouraging ethical decision-making through realistic dilemmas.
• E: these frameworks encourage accountability and thoughtful conduct, reducing the likelihood of harm. While no system is perfect, the existence and enforcement of such guidelines mark significant progress.
• L: therefore, although psychological research may pose ethical risks, modern regulation significantly reduces their frequency and severity.