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A Beginner’s Guide to Irrational Behavior

[This essay was originally posted on contributor Dan Ariely's personal blog.] You make decisions all the time. What should you eat for breakfast? Which route should you take to work? How much are you willing to pay for local, pasture-raised…
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Week That Was in Ethical Systems, 2/24-3/2

The Morning Risk Report: Mammas Don’t Let Your Babies Grow Up to Be CCOs, in The Wall Street Journal Chief Compliance Officers are in high demand but short supply, and they often leave their positions within a year or two of taking them.…
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Smart Businesses Noticing Return on Investment in Ethics

Ethical Systems had another mention in the press earlier this week, courtesy of contributor David Mayer, who was interviewed for an article regarding the latest report from the Ethics Resource Center on the decline of workplace misconduct. The…
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#EthSys Insights 1: Adam Grant

#EthSys Insights is a video series where we have experts answer questions about ethical systems design. For our first installment, we turn to contributor Adam Grant, Professor of Management at Wharton. We had the opportunity to ask Adam…
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Week That Was in Ethical Systems, 2/17-2/23

The Morning Risk Report: Importance of Internal Ears, in The Wall Street Journal "A report Target Corp. failed to heed warnings from some of its employees about payment systems two months before they were hacked shows the importance of listening…
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Ethics Exchange: Ethics, Compliance, and Human Nature

[This conversation was originally posted at ECOA Connects.] Jeff Kaplan:  Steve, nearly a century ago, John Maurice Clark – a professor at one of your alma maters, the University of Chicago – wrote:  “The economist may attempt…
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Engaged Academics at Ethical Systems

Image via Wikimedia Commons. Academic research necessarily focuses on the outer rings. Our goal is to condense much of that into the middle. "Some of the smartest thinkers on problems at home and around the world are university professors,…
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Too close to the line: a convergence of culture, law and behavioral ethics

[This essay was originally posted at The Conflict of Interest Blog.] Image via Wikimedia Commons. To “walk the line” means something very different to those who prosecute business crime cases than it did to Johnny Cash. For instance,…
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Week That Was in Ethical Systems, 2/10-2/16

The Morning Risk Report: One Way to Win Board Ballots–Ban Opponents, in The Wall Street Journal Activist investors and shareholder advisors are opposing new bylaws that prevent dissident director candidates from standing for election. These…
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Are you keeping track of your compliance costs?

[This essay was originally posted at The Conflict of Interest Blog.] A recent post reviewed some new and important research showing a positive correlation between companies having a culture of integrity and being profitable. Since then,…