The optimal amount of fraud is non-zero
bitsaboutmoney.com
The optimal amount of fraud is non-zero
Information is so powerful that the assumption of information, even if the information does not actually exist, can have a sobering effect.
Stephen J. Dubner • Freakonomics
Political scientist Russel Hardin (2002) argues that trust is really about encapsulated interest, i.e., a kind of closed loop of each party’s self-interests. Like the real estate agent who sells a house at a reasonable price not because she cares about the client but because her commission is directly tied to the sale price, the drug dealer also ea... See more
JENA MARIE ESPELITA • TRUSTING A TRUSTLESS NETWORK. The Paradoxes of Trust in Blockchain Technology
Theft and Fraud Prevention is important to protect against the risk of financial loss by an unscrupulous party.
Josh Kaufman • The Personal MBA: A World-Class Business Education in a Single Volume
The strong tendency of employees to rationalize bad conduct in order to get rewards requires many antidotes in addition to the good cash control promoted by Patterson.