Read moreI always found the appeal to the market gods a bit odd. Why would the market fix mistakes instead of aggravating them?
Read moreWe should teach the students, as well as executives, how to conduct experiments, how to examine data, and how to use these tools to make better decisions.
Read moreIn terms of the actual curriculum for management education, my own view is very simple-minded: The world is incredibly complex, it changes all the time, and we should not even hope that we could create a general model that accurately describes the world in all its possible states.
Read moreWhat kind of people would be able to rationalize better than other people? Better storytellers, right? Creative people, right? Because if you’re creative, you find more ways to cheat and still yourself a story about why this is okay.
Read moreThe experiments show quite clearly that, as you resist more and more temptation, you’re actually more and more likely to fail.
Read moreIt is helpful to think of people as having two fundamental motivations: the desire to see ourselves as honest, good people, and the desire to gain the benefits that come from cheating – on our taxes or on the football field.