top of page
Duke Law and Economics Society.
Fifth Annual Triangle Law and Economics Conference.
Sam Buell.
Professor, The Kenan Institute for Ethics.
The key to eliminating fraud is to change the industry-specific expectations about what constitutes fraud in the first place. In order to address this, businesses must sufficiently see the value of integrity such that they forgo short-term gains at its expense. Projecting a higher probability of sanction on wrongdoers may also help.
2. How does "bubble psychology" relate to these problematic expectations?
3. How may Behavioral Economics be used to deter fraud/corruption in those prone to commit it?
4. Is requiring full disclosure of information enough to overcome fraud/corruption?
1. How are industry-specific expectations of what constitutes fraud contributing to its prevalence?
bottom of page