BUS 082 Lecture Notes - Lecture 19: Optimism Bias, Risk Perception, Ethnocentrism

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Tendency not to notice the unethical actions of others when it is against our own best interests to notice. Bounded ethicality: good people do bad things unknowingly, often because they are succumbing to organizational pressures, sears auto repair example, wells fargo. Want self vs should self sometimes your want self lead you to ignore morals unknowingly (your should self), even though you know you should. Narrowing the gap: prepare for it, precommitment, curb others" unethical influences. Pre-commitment device, decide ahead of time what your motivation is, how you would answer questions, and moral planning. Not my fault , the way game is played , no one is hurt , everyone"s doing it , Tendency to think of only a limited set of consequences for one"s actions. E. g. ignore potential stakeholders (pregnancy drug"s effects on future kids) Tendency to act as if the world were certain and deterministic, rather than uncertain and often unpredictable.

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