Some Truths About Honesty | Alexander Wagner | TEDxZurich

Wagner takes us on an interdisciplinary journey, spanning economics, ethics, finance, psychology, and sociology. His talk provides a novel perspective on what we know about truthfulness, as well as an opportunity for introspection. Wagner leaves us with a heightened sensitivity towards the slippery slopes of deception.
Alexander Wagner is an associate professor of finance at the University of Zurich and a faculty member of the Swiss Finance Institute. He holds a Ph.D. in Political Economy and Government from Harvard University. In his hometown Linz, Austria, he completed studies in economics and law. Alex is an expert in corporate governance, behavioral economics, and political economy. He serves as an independent counsel for PricewaterhouseCoopers and as chairman of the board of trustees of SWIPRA.
This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at ted.com/tedx

[@ryanfrizzell736]

Good talk. Now we know more about the truth of honesty. Thankfully I’m honest the vast majority of the time.

[@evelynanyeko1635]

Superb. Wonderful presentation 👏 👌

[@tylertaws476]

Honesty is the best policy.

[@ryanfrizzell736]

Nice point about honesty

[@grega.n.1865]

I think without observing how the distribution changes when it's 25 or 0.25 or 250 per tails flip the results is pretty useless. For many participants the amount of money just doesn't worth lying for, for others it does.

[@preciousthoughts1101]

Wow ! Great

[@HardProduct]

HARD was here.

[@rgibbs421]

Normally avoid the TEDx videos. Alexander did them good though. The graph didn't really seem to suggest the same idea he was proposing though did it? Just eyeballing the graph he is suggesting that maybe 33% lied. Really I would think we might need to disregard the very top end from the start for the simple fact that they are not leaving any money on the table an can stay honest. So 30% are lying. Where did we get 25% of value reduction. Would have been nice if it was longer.

[@whomtheyspeakof1090]

There’s a 6.25% chance of truthfully getting 4/4 but about 33% claimed 4/4. Subtract 6.25% from 33% to get a rough idea of who lied. 26.75% lied (roughly)

[@rgibbs421]

@@whomtheyspeakof1090 Well thats understandable. Thanks for the clarification.