Sometimes It’s Best to Fight Bias with Bias

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When Christina Fang was a graduate student at the University of Pennsylvania, in the Wharton School of Business, she took a course on behavioral decision making and it blew her away. It fascinated her that people and firms can deviate systematically…

How CEOs Should Think About Rebuilding America

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The OODA (Observe, Orient, Decide, Act) loop framework, used by Air Force pilots, is readily adaptable for peacetime use to help CEOs become the fast-evolvers they need to be to survive—or better yet, thrive—in an uncertain business environment. The…

The Case Against Entrepreneurship As We Know It

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Is there a “Third Way” for entrepreneurship, which differs from both laissez-faire and centralized planning? Entrepreneurship is typically regarded as an individualistic activity that takes place in a free-market economy, usually in…
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Designing a Good Life, University of Chicago’s Booth School of Business, 2015

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Download syllabus for Designing a Good Life, taught at University of Chicago Booth's School of Business in 2015 by Nick Epley. Download
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Ethical Leadership in the Global Economy, Boston University, 2016

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Download syllabus for Ethical Leadership in the Global Economy, taught at Boston University in 2016 by Laura Pincus Hartman. Download
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Professional Responsibility, NYU Stern, 2017

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Download syllabus for Professional Responsibility, taught at NYU-Stern in 2017 by Jonathan Haidt. Download

Misbehaving: The Making of Behavioral Economics

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What do economics, psychology, and experimental science have in common? As Richard Thaler implies in Misbehaving: The making of behavioral economics, 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 theoretical analysis have become increasingly specialized and narrow without substantial practical value. Utilizing empirical studies and anecdotes, funny stories, and even some jokes, Thaler persuades the reader that behavioral studies — or psychology-motivated disciplines which focus on humans, not mythical rational agents — are here to stay. 

Thaler’s findings have numerous and far-reaching implications for designing and implementing ethical systems within organizations. Read our book review and learn more.

Mindwise: How We Understand What Others Think, Believe, Feel, and Want

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Mindwise: How We Understand What Others Think, Believe, Feel, and Want by Nicholas Epley Knopf, Borzoi Books (2014) Summarized by Bryan Turner   Mindwise: How We Understand What Others Think, Believe, Feel, and Want is a book…
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Nudge

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Nudge: Improving Decisions About Health, Wealth, and Happiness Richard H. Thaler, Cass R. Sunstein Penguin Books, Revised & Expanded edition (2009) (public library) Summarized by Erick Rabin Introduction Choice Architecture involves…
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Sidetracked

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Sidetracked: Why Our Decisions Get Derailed, and How We Can Stick to the Plan by Francesca Gino Harvard Business Review Press (2013) (public library) Summarized by Jennifer Fang Overview The adage “the best laid plans of mice and men often…