Alexander Wagner: What really motivates people to be honest in business
亚历山大·瓦格纳: 人们诚实经商的动因
Alexander Wagner balances two passions: the thrill of seeking knowledge about fundamentals of human behavior for knowledge's sake, and the desire to apply insights in the real world and to improve the workings of markets and organizations. Full bio
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have you interacted with today?
that you work for or that you own.
或者是你开办的的公司。
at least seven companies
large, public corporations
that looks at US companies --
that it's different in Europe.
at both detected and undetected fraud
所有已知和未知的诈骗,
the shareholders of these companies,
380 billion dollars per year.
aren't quite so secret anymore.
of the American Finance Association
in his presidential address.
if you think about, especially,
put into its financial industry.
who actually remain honest
to start engaging in fraud.
like Michael Woodford,
一样的告密者,
about their companies.
like Anna Politkovskaya
to report human rights violations.
to bring out the truth.
some insights I've obtained and learned
of conducting research in this.
a scientist working with economists,
what makes humans tick,
of fraud in corporations
to the improvement of the world.
two very distinct visions
behaves in their own self-interests,
如果每个人都追逐个人利益,
a narrowly defined concept
self-interested move here
它会跃起,
all this beautiful tableware.
disregard all consequences --
might not behave in this way.
就不会这么做了。
and costs of our actions.
according to that code of conduct,
of getting a bonus payment.
if you disregard it,
of not getting your bonus
the corporation's principles.
powerful economic force, right?
trust us more in the future.
out of his benevolence
more future bread.
who get caught up in media,
because he's a good dog.
因为这样才是正确的。
all this beautiful tableware.
are motivated like that,
and bonus systems and so on,
by different values perhaps.
人们行为背后的真正动因呢?
have perfect hairdos,
very different views of the world.
to address this issue.
which are confusing in reality.
那些匪夷所思的现象。
there is so much going on,
what drives people's behavior really.
人们行为的真实动因。
like the one I'm holding up right now
就像我手中
terminal in front of you,
that you had a tails throw,
你的收益为零。
you get paid zero francs.
in that situation?
and look to your right --
the person sitting next to you
at the university
and it's a fair coin,
that it comes up four times tails
of them are tails is much lower
who did not say I had four tails throws,
他们没有掷出四次反面,
if you say four than less.
就可以得到更多的奖金。
by announcing zero.
你失去了20法郎。
the other people all were honest
higher or lower than what they did
让我们再来掷一次硬币。
and here's another coin toss.
like Adam Smith would have predicted.
亚当·斯密的预测行动。
by certain intrinsic values
某种特定的内在价值驱动,
so-called protected values.
所谓的保护性价值观。
where you're willing to pay a price
to withstand the temptation to give in.
that's consistent with your values.
符合你的价值观。
in the metaphor of our beloved dog here.
without violating our values,
违背价值观的情况下拿到香肠,
we actually violate values,
predictive in these experiments.
的调查就能证明实验结果。
of the population
a distribution around it --
we all are different.
above the average,
实际效用是平时的75%。
by lying by about 25 percent.
他们诚实行事的情况下,
for them to behave honestly.
all these beautiful values, right?
that richness in human nature
the workings of our organizations.
very, very different visions here.
to behave according to them.
根据成本收益原则行动。
characteristics, of course --
in line with your organization.
these protected values really come from.
这些保护性价值观的来源。
looks pretty similar for men and women.
for those who had studied economics
around different age categories
这在人的一生中会如何发展,
how this develops over a lifetime.
of future research.
that incentives work.
the right people
就把激励放在那儿。
and then putting incentives in place.
with the right values
to saving a lot of trouble
ABOUT THE SPEAKER
Alexander Wagner - EconomistAlexander Wagner balances two passions: the thrill of seeking knowledge about fundamentals of human behavior for knowledge's sake, and the desire to apply insights in the real world and to improve the workings of markets and organizations.
Why you should listen
Alexander Wagner has discovered that to most people, what matters is not only how much money they receive but also whether they behaved honestly to receive that money. As Swiss Finance Institute professor at the University of Zurich's Department of Banking and Finance, Wagner has taught corporate finance to thousands of eager students and hundreds of motivated executives, and he has helped shape governance systems of companies large and small. His recent research deals with how investors perceive managerial words and deeds … and with the stock market implications of the Trump election.
Alexander Wagner | Speaker | TED.com