Wednesday, March 18, 2009

Moral Code

Ted Talk by a behavioral economist Dan Ariely, who was a Professor at the MIT Sloan School of Management.

The most interesting part of this talk, I think, is where he shows how the finance industry is set up in a way that makes people more inclined to lie and cheat. The 800 billion dollar question then is how can we reform the system in a way that people feel disinclined to cheat?

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