Who Cheats More: Bankers or Politicians?

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
13,692
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Jul 16, 2010

Complete video at: http://fora.tv/2010/06/07/Dan_Ariely_The_Upside_of_Irrationality

Behavioral economist Dan Ariely describes an experiment he conducted to test the relative prevalence of cheating in various countries and cities. After revealing that bankers in New York cheated more than congressional staffers on Capitol Hill, Ariely quips: "They're junior politicians...more research is needed."

-----

You hear him frequently on public radio -- now meet the incomparable Dan Ariely when he introduces his new book The Upside of Irrationality!

The 2008 economic crisis taught us that irrationality is an influential player in financial markets. But it is often the case that irrationality also makes it way into our daily lives and decision-making -- in slightly different and vastly more subtle ways. In this enthralling follow-up to his New York Times bestseller Predictably Irrational, Dan Ariely shows how irrationality is an inherent part of the way we function and think, and how it affects our behavior in all areas of our lives, from our romantic relationships to our experiences in the workplace to our temptations to cheat.

Blending everyday experience with groundbreaking analysis and new research into our how we actually make decisions, Ariely explains how expectations, emotions, social norms, and other invisible, seemingly illogical forces skew our reasoning abilities. Using data from original experiments, he draws invaluable conclusions about how -- and why -- we behave the way we do, and reflects on ways we can make ourselves and our society better. - The Booksmith

Dan Ariely is the Alfred P. Sloan Professor of Behavioral Economics at MIT Sloan School of Management. He also holds an appointment at the MIT Media Lab where he is the head of the eRationality research group.

He is considered to be one of the leading behavioral economists. Currently, Ariely is serving as a Visiting Professor at the Duke University, Fuqua School of Business where he is teaching a course based upon his findings in Predictably Irrational.

  • likes, 4 dislikes

Link to this comment:

Share to:

Top Comments

  • Who Cheats More: Bankers or Politicians? THAT question itself is a sad commentary on the condition of things in this fucked up world.

  • Bankers & Wall Street have been getting away with cheating so long they don't even think it's cheating anymore.

    Just look at Goldman Sachs. They were selling Mortgage Securities to their own investors with FAKE S&P Ratings and thought it was perfectly OKAY!

    "Fiduciary Duty", what's that???

see all

All Comments (74)

Sign In or Sign Up now to post a comment!
  • all of us cheats once in our lives! entertaining discussion

  • why not cheat on the bank-ers if you have the chance

  • so why is it that when you go to a cheap market in China they bump the price up for foreigners, but they don't do that in Taiwan or anywhere else that I've been to?

  • @surlagachette2 BUSH Family is most NOTORIOUS. MR CIA.

    Look up GEN Smedly D Butler, HE was BUSH's HIT MAN. HE killed and killed and killed for BUSH.

    OWNS Central America now. Look up Zapata Oil, his connection with Cuba.

    JFK Created EX order 11110 & Conquered the Bay of Pigs. JFK was killed 6 months later

    Some say by BUSH, I don't doubt it

  • @surlagachette2 THE ONLY REASON FOR WARS:

    Bankers, Politicians, Investors, Industrialists ARE the EVIL to COMMERCE

    Most are members of :

    THE ILLUMINATE, Trilateral Commission, NWO New World ORDER

    Profits prior WAR is 5 million Profits during WAR is 100 million

    NO WONDER why THESE people want WAR, Via Genocide.

    They sell more OIL, STEEL and ARMAMENTS

    Sacrificing our loved ones for THEIR GREED

  • THE ONLY REASON FOR WARS:

    Bankers, Politicians, Investors, Industrialists ARE the EVIL to COMMERCE

    Most are members of :

    THE ILLUMINATE, Trilateral Commission, NWO New World ORDER

    Profits prior WAR is 5 million Profits during WAR is 100 million

    NO WONDER why THESE people want WAR, Via Genocide.

    They sell more OIL, STEEL and ARMAMENTS

    Sacrificing our loved ones for THEIR GREED

  • @surlagachette2 YES SERIOUSLY BUSH's are HIGH TREASON TRAITORS

    SILESIAN STEEL

    ZAPATA OIL

    ALL 3rd Reich Cartel and AIDING & ABETTING the ENEMIES, Reason Bush was CHARGED WAR CRIMINAL 1945. IT's there JUST learn how to read. SOOOOOO B 4 U attack anything you need to back your self up U CANT on this one. SOOO Please do yourself a favor and READ then call me on it Right Now You know NOTHING. Sorry but Serious, Once you began it goes on and on and on and on THESE Political Gangsters R Ramped

  • @surlagachette2 All YOU have to do is look up trilateral members or trilateral commission members or TC members do the same with NWO New World Order Members. OMYYYYY WAKE UP put that remote down U'LL C 1000000's of names. MCCAIN, Obambam, hahahahaha All those who voted for the repeal of HEALTH ACT are HIGH TREASON TRAITORS. The Feds want more FED Jobs more TAX DOLLARS to STEAL.

    American MUST ABOLISH THE FEDERAL RESERVE, Abolish all FEDERALISTS. Do not vote Trilateral or Illuminate or NWO

  • @surlagachette2 Look UP FEDERAL RESERVE in the Phone Book NOT in the Blue Pages NEXT to FEDERAL EXPRESS. It's a Privately Owned Bank BY Rothschild. Every President Hated Rothschilds USURY every war USA has had was account of ROTHSCHILD, USA didn't want his HI RATES. Many Presidents KEPT him out UNTILL they became part of the Peoples GOV undermining OUR Constitution and BILL of RIGHTS for their Survival and OUR DEMISE. NOW PROVE TO ME HISTORY & Libraries are WRONG. Prove any word is wrong

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more