Ten years ago this month, the global financial industry nearly came to a grinding halt. It was the worst financial crisis since the Great Depression. The credit crunch hit with full force when Northern Rock suffered the first run on a British bank since 1866! The...
Here is a test for you: a bat and ball cost £1.10. The bat costs a £1 more than the ball. How much does the ball cost? If you’re like most people, your answer would be that the ball cost 10p. That’s obvious, isn’t? But, it’s...
Dan Ariely is the James B. Duke Professor of Psychology and Behavioural Economics at Duke University. In this short talk, Ariely tells two personal stories that explore scientific conflict of interest: How the pursuit of knowledge and insight can be affected, consciously or not, by short-sighted...