Posts Tagged ‘cheating’

  • Decisions Have An Opportunity Cost That Require Tradeoffs

    (Bad) Decisions

    Apr 24, 12 • 235 Views • Behavioral Economics, Economic Thinkers, Financial Markets, Thinking EconomicallyNo Comments

    By Mira Korber, guest blogger. Why might have most notorious fraudsters committed their crimes? The traditional answer seems obvious: severe character flaws, lack of ethics, unbridled greed. But there may be more to the picture than simply this “bad

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    Why Might People Cheat?

    Dec 7, 11 • 173 Views • Behavioral Economics, Businesses, Economic Thinkers, Financial Markets, Households, International Trade and Finance, Labor, Regulation, Thinking EconomicallyNo Comments

    When are people more likely to cheat? Behavioral economist Dan Ariely says to look at sweatshirts, the Ten Commandments, dollar bills and cans of Coca-Cola. In one experiment, Ariely discovered that more students would copy someone’s seemingly dishonest