Challenges and Solutions in Business, Law, Medicine, and Public Policy
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This collection explores the subject of conflicts of interest. It investigates how to manage conflicts of interest, how they can affect well-meaning professionals, and how they can limit the effectiveness of corporate boards, undermine professional ethics, and corrupt expert opinion. Legal and policy responses are considered, some of which (e.g. disclosure) are shown to backfire and even fail. The results offer a sobering prognosis for professional ethics and for anyone who relies on professionals who have conflicts of interest. The contributors are leading authorities on the subject in the fields of law, medicine, management, public policy, and psychology. The nuances of the problems posed by conflicts of interest will be highlighted for readers in an effort to demonstrate the many ways that structuring incentives can affect decision making and organizations' financial well-being.
Don Moore is a Professor of Management of Organizations at the University of California at Berkeley’s Haas School of Business, where he teaches popular courses in leadership, negotiations, and decision-making. He also consults on these topics.
With Max Bazerman, he is the coauthor of Judgment in Managerial Decision Making, one of the bestselling textbooks in the field. Additionally, Moore was one of the principal investigators on the Good Judgment Project, a forecasting tournament sponsored by the U.S. government’s Intelligence Advanced Research Projects Activity (IARPA). The forecasters involved established an excellent record predicting the outcomes of major world events, and this project was chronicled by Philip Tetlock and Dan Gardner in their 2015 book, Superforecasting.
Moore has authored or coauthored columns published by The New Yorker, The Wall Street Journal, Businessweek, Fortune, Forbes Leadership Forum, USA Today, San Francisco Chronicle, Harvard Business Review, the Harvard Negotiation Newsletter, and others. His work has been covered in The New York Times, Money, The Wall Street Journal, The Economist, the Financial Times, The New Yorker, Businessweek, Forbes, Kiplinger’s Personal Finance, The Washington Post, the Christian Science Monitor, USA Today, Entrepreneur, PBS’s Nightly Business Report, CNN, NPR, KCBS, PredictablyIrrational.com, Freakonomics.com, and numerous other media outlets and websites. Moore writes a blog entitled Perfectly Confident for Psychology Today.
George Loewenstein is the Herbert A. Simon University Professor of Economics and Psychology at Carnegie Mellon University. He is a past president of the Society of Judgment and Decision Making and a Fellow of the American Academy of Arts and Sciences. He has served on multiple National Academy of Science and Institute of Medicine Panels and advised numerous governmental organizations, including the National Institutes of Health and the UK’s Behavioural Insights Team. Loewenstein received his PhD from Yale University and lives in Pittsburgh with his wife, Donna Harsch, a professor of history at Carnegie Mellon.
Max H. Bazerman is the Jesse Isidor Straus Professor of Business Administration at the Harvard Business School, where his research focuses on negotiation, behavioral economics, and ethics. The author of over 200 research articles and chapters, his previous books include The Power of Noticing, The Power of Noticing, Blind Spots, Negotiation Genius, and a bestselling textbook, Judgment in Managerial Decision Making. An award-winning scholar and mentor, Bazerman has been named one of Ethisphere's 100 Most Influential in Business Ethics and a Daily Kos Hero. His consulting, teaching, and lecturing includes work in 30 countries. He lives in Cambridge, Massachusetts.
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