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Notes on video lecture:
The Simple Model of Dishonesty
Choose from these words to fill the blanks below:
average, half, Enron, influence, simple, blindness, matrix, immoral, shred, economic, Becker, gain, cheat
in what ways do people lie and            yet still think of themselves as good people?
often we have a very              model of dishonesty: what do we stand to          and what do we stand to lose
this is not actually a good model, many other aspects are driving us to be honest and dishonesty
we often lie or cheat yet don't think of ourselves as being               , this is a commonly shared dilemma that we all have
what was the cause of the collapse of           ?
where their three bad apples that planned and executed its creatively planned accounting fraud?
or was it more the case that many or most of the people at Enron were just turning a blind eye to what was going on and benefitting them at the same time, a kind of wishful                   
which is dishonesty caused by:
a few bad apples
then we need to improve our Human Resource policies
don't hire bad apples
be able to fire bad apples
many people cheating just a little bit
then you have to think of the fabric of how people's actions                    each other
what do we know about cheating and how do we measure it?
experiment
give each person a              math test, find numbers that had to 10, and check when you have found it
we'll pay you a dollar a question
go to the back of the room,            the paper
then come to the front and I will pay you accordingly
people on average say they solved six
shredder actually only shreds the sides of the page
on                we find that people solve 4 problems, but report that they solved 6
there were not just a few that cheat but many
we found very few people who cheat in an egregious way, and find many people who cheat just a little bit
the economic rationality
Gary             
looking for place for car
about to be late for meeting
performs a cost/benefit
risk of being caught vs. benefit
says all moral issues are like this
Beckers's                  formula for cheating
1. what do you stand to gain
2. what is the chance you'll get caught
3. what is the punishment
results of experiments on these three points
1. changed amount that people got per questions
you would expect that the more money at stake, the more cheating there would be, but it was independent
2. shredded only the          the page, whole page, and whole page + pay themselves
we found that lots of people cheated just by a little bit
even if they were told the average number of questions was 4 and 8
The Simple Model of Dishonesty
Why People Cheat and Its Economic Impact
Conflicts of Interest
What Motivates Us to Do Work
The Value of Meaning in Work
How Effort Leads to Fondness of the End Result