Credit reporting agency Equifax took several weeks to respond to a cybersecurity data breach, putting millions of people at risk of identity theft.
Ethics Unwrapped Blog
To be Olympic-caliber swimmers, no matter how great their natural talent, young men and women must hit the pool early in the morning day after day, week after week, and month after month for years, swimming miles and miles and miles in the process. The character that it takes to make these sacrifices and to […]
Recently three things came across my desk nearly simultaneously. One was a report that Lance Armstrong had told a BBC interviewer: “If you take me back to 1995, when [doping] was completely and totally pervasive, I’d probably do it again. People don’t like to hear that.” (Rapp, 2015) Second, was a report that two MMA […]
Rachel Aviv’s article “Wrong Answer” in a recent New Yorker issue presents a textbook case of why good people do bad things. The article tells the story of the recent cheating scandal in the Atlanta School District, which was one of the worst of a string of school cheating scandals across the U.S. Forty-four of […]
There is no single correct way to teach business ethics. A common approach combines philosophy and character development. Teachers impart philosophical concepts for resolving difficult ethical issues and encourage students to develop and hone strength of character to give them the means to actually implement the solutions that develop. Any regular reader of this blog […]
We hate losses about twice as much as we enjoy gains, meaning we are more likely to act unethically to avoid a loss than to secure a gain. This phenomenon is known as loss aversion.
Incentive gaming, or “gaming the system,” refers to when we figure out ways to increase our rewards for performance without actually improving our performance.