What is a cognitive bias? Learn about this ethics concept in this video from the McCombs School of Business. For more video definitions, select from the list on this page.
What is bounded ethicality? Learn about this ethics concept in this video from the McCombs School of Business. For more video definitions, select from the list on this page.
What is behavioral ethics? Learn about this ethics concept in this video from the McCombs School of Business. For more video definitions, select from the list on this page.
BY DAVID DOBOLYI INTRODUCTION Compliance and ethics (“C&E”) programs are organizational policies put in place to promote law abiding and ethical conduct. To be effective, they must be supported by procedures, communications efforts, and cultural attributes. While the principal drivers for such programs are laws and regulations which offer leniency to companies with good C&E programs, there are…
An Ethical Systems Book Review Summarized by BRYAN TURNER Written by Nicholas Epley Knopf, Borzoi Books (2014) Mindwise: How We Understand What Others Think, Believe, Feel, and Want is a book about our “sixth sense”, or mindreading, but there’s nothing supernatural about it. Epley is an experimental social psychologist, and this is a book about his research…
An Ethical Systems Book Review Summarized by JAI MALIK Written by Richard Thaler [public library] Summary: What do economics, psychology, and experimental science have in common? As Richard Thaler implies in Misbehaving, most economists would say little to none — but this couldn’t be further from the truth. Misbehaving is, first and foremost, a story of how modern economics, finance, and…
An Ethical Systems Book Review BY DAVID NEWMAN Nudge: Improving Decisions About Health, Wealth, and HappinessRichard H. Thaler, Cass R. SunsteinPenguin Books, Revised & Expanded edition (2009) (public library)Summarized by Erick Rabin Introduction Choice Architecture involves organizing any context in which people make decisions. Urinals, stairwells, alarm clocks, school cafeterias, retirement accounts—all of these can be made…
An Ethical Systems Book Review BY DAVID NEWMAN Sidetracked: Why Our Decisions Get Derailed, and How We Can Stick to the Planby Francesca GinoHarvard Business Review Press (2013) (public library)Summarized by Jennifer Fang Overview The adage “the best laid plans of mice and men often go awry” succinctly summarizes the difficulties of executing even the most…
BY ETHICAL SYSTEMS After each major business scandal, a chorus of voices calls for business schools to work harder to instill ethics into their students. But what exactly should they doOn this page we focus on what business schools can do that may lead to stroner ethical systems in the corporate world. Some common changes business schools have made to…
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