Category: 1 – Read ASAP! (All Categories are 1 – Read ASAP!, 2 – BUY it!, 3 – SHELF it, 4 – SOMEDAY it)
Comments: Another Dan Ariely masterclass with very practical information about cheating. Very useful for us when we define “trust” systems as well as in our lifelong quest to manage ourselves.
Top 3 learnings:
1. Most people, when given a chance, cheat just a little bit. The reason for the “little bit” is that we work hard to stay consistent with our self image of being honest, straightforward people. But, at the same time, we find it hard to resist easy gains when we feel we cannot be found out.
2. Any reminders of ethics and responsibilities completely removes this cheating element e.g. students who were asked to recollect the ten commandments before heading into this experiment did not cheap. Similarly, signing honor codes etc at the start of the document prevent all cheating.
3. Every little act of cheating gives rise to more. In a fascinating set of experiments, it was found that people who fear fake brands or rip offs were more likely to cheat and view the world with a more suspicious lens that people who didn’t. This was a big insight for me.
Essentially, the cost of fakes and illegal downloads goes far beyond reducing profits of the companies involved.