Understanding behavior, how it spreads, and identifying behavioral proclivities that anticipate outcomes
Observations
Jan 11, 2023In a Washington Post article last month, Starling Advisor Betsy Levy Paluck, a professor of psychology and public and international affairs at Princeton, calls for collective action to determine which diversity training methods are efficacious, if any.
Compendium
May 15, 2022Behavioral risk management in banking is most typically an exercise in applied hindsight: we investigate misconduct only after it is discovered to have taken place, and then revise rules and procedures to aim at known past problems, rather than targeting potential future troubles. This ‘detect & correct’ mindset has resulted in of billions of dollars in punitive fines across the industry worldwide over the last decade. Estimates put the figure at some $700 billion ... (cont)
Compendium
May 15, 2022by Gillian Tett
Compendium
May 15, 2022
