Trust Me – Trust Me Not

The excerpt below got me thinking about how and why people lie. Falsehoods can come in many forms: There are lies of omission, lies that protect, efficient lies, and, of course, bald-faced lies.

Why do we believe such lies? One reason is their scale. Think about the falsified returns that Bernie Madoff reported for many years—they were good enough to make investing with him look like a sweet deal, but not so good as to be unbelievable. We also tend to believe liars who reveal their incentive to lie up front. My colleague at the Yale School of Management, Daylian Cain, discovered that when a seller reveals a conflict of interest, the buyer trusts the seller more for the disclosure. So far, so good. But now the seller feels much freer to take advantage of the buyer. In other words, people start trusting just when they shouldn’t!

via Trust Me, Trust Me Not.

BIZCATALYST 360°
BIZCATALYST 360°https://www.bizcatalyst360.com/about/
We are an Award-Winning life, culture, and biz new media digest, serving as the global hub for enhanced performance and well-being. With an emphasis on action, our 600+ international contributors empower people to transition from knowing what to do to actually doing it, all complemented by syndication relationships with a choice group of equally innovative media outlets. Today and every day, we simply deliver the very best insights, intelligence, and inspiration available anywhere, doing it our way by placing our writers and our audience at the forefront. It's magical. It's evergreen. And quite frankly, It's just good stuff. Period. We are closely aligned with GoodWorks 360°, our affiliated global nonprofit social impact enterprise, dedicated to providing mission-critical pro bono services to good nonprofits worldwide.

★ CLICK FOR ENGAGEMENT GUIDELINES & PASSWORD HELP ★

🔴 DON'T MISS OUR LATEST & GREATEST | CLICK HERE TO HAVE @BC360° TODAY DELIVERED 🔴

READY TO REDISCOVER HUMANITY?

🔀 SALON 360° 🔀 "Where Shift Happens"

It's time for more walkin'/less talkin'. It's time to change how we operate and how we cooperate. It's time for "shift" to happen.

Must Read