How Predictions Markets Work I have previously blogged about how predictions markets work and some of the ethical issues that should be addressed. In this blog, I examine the benefits and harms of betting on predictions markets and regulatory concerns. I also look at the ethical issues using a Virtue Ethics perspective. Prediction markets offer
Betting on Predictions Markets: A Brief Ethical Analysis Read More »
Psychological Considerations in Ethical Decision Making In resolving ethical dilemmas, I often ask students simply “What Would You Do?” Typically, students will rely on philosophical reasoning to respond. Briefly, they might refer to Utilitarianism, which balances harms and benefits and chooses the best alternative that maximizes the net benefits to the stakeholders. One problem with
What is the Difference Between “What You Would Do?” and “What You Should Do?” Read More »
Creating a Culture Where Moral Values Lead the Way Have you ever thought about the reasons why ethical failures keep happening? It’s not just business failures, which I blog about in my workplaceethicsadvice.com blog. Ethical failures often are caused by the pursuit of profits above all else. It happens all too frequently in government. Time
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The Lost Art of Civility Civility is the ability to talk respectfully with people who disagree with you. Civility in society is waning. In fact, one can make the argument that it no longer exists or, at least, incivility has affected many segments of society and increasingly, people act uncivilly towards others when involved in
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Trust in the Use of AI is the Key A new study from UC Berkeley reports that using AI is a slippery slope for undergraduates. The more they use it, the more likely they are to cheat with it. But AI proficiency also may be important for career development. Thee following information comes from a
Why Gen Z Students Fear the Use of AI Read More »
Insider Trading and the Public Interest I have previously blogged about the expansion of prediction markets and its effects on the population. Bettors can bet on virtually anything. For example, Will the U.S. invade Iran before 2027? The Iran war is a popular source of betting. Prediction market traders on Polymarket and Kalshi have placed
The Human Element of Betting on Prediction Markets Read More »
Reasons for the Disconnect Between Gen Z and Employers’ Values There are a variety of reasons why employers are firing Gen Z workers at a much faster pace than prior generations. The reasons reflect changing expectations around work, communication, work ethics, well-being, and values. According to Nicolas Ramirez, “One of the biggest complaints from employers
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Why Didn’t KPMG’s “Speak-Up” Culture Work? The recent scandal between KPMG and the Australian government centers around the firm’s solicitation of audit clients subsequent to receiving insider information about the bids from other firms to gain audit contracts. KPMG violated independence because of the conflict of interest emanating from ties of firm partners to board
KPMG-Australia Scandal: A Case of Decision Drift Read More »
What Can Be Done About Grade Inflation I have blogged before about the problem of grade inflation in colleges and universities and how it creates a distorted view about the academic achievement of students. How is an employer to know which one of two candidates is better than the other if one deserves an “honest”
Creating a ‘Fair’ System to Evaluate Academic Achievement in Colleges and Universities Read More »
Introduction The recent scandal between Big-Four firm KPMG and the Australian government centers around the firm’s solicitation of audit clients subsequent to receiving insider information about the bids from other firms to gain audit contracts. KPMG violated independence because of the conflict of interest emanating from ties of firm partners to board members at the
KPMG-Australia Scandal: A Cautionary Scandal Read More »