house51 - everything is not awesome! #ds2015

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Page 1: house51 - Everything is not awesome! #DS2015

Everything is NOT Awesome!

@mishmashhouse51 powered by

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We are interested in people, not consumers

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Fairness

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Connect?

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Bounded Ethics

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System 2

System 1 Unconscious

Conscious

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System 2

‘Most managers think of themselves as ethical people. And they do not intentionally engage in unethical behaviour’ (Bazerman & Moore , 2013)

System 1

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confirmation bias

anchoring endowment effect

loss aversion Confirmati

on bias

availability heuristic

hyperbolic discountin

g

framingover

precisionchoice

overloadstatus quo

bias

illusion of control

herding Confirmation bias

attribution bias

bounded ethicality

recognition bias

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confirmation bias

anchoring endowment effect

loss aversion Confirmati

on bias

availability heuristic

hyperbolic discountin

g

framingover

precisionchoice

overloadstatus quo

bias

illusion of control

herding Confirmation bias

attribution bias

bounded ethicality

recognition bias

In Group/Out Group

Illusion of Control

Confirmation Bias

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In group - out group

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In group - out group

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Illusion of Control

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Illusion of Control

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Confirmation Bias

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Confirmation Bias

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Connect?

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SelfRegulation

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ManageBias

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‘Liars in the service of truth’ Drummond (2012)

DATA TECH

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1.Checklist 2.Falsification

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Messenger

Incentives

Norms Defaults

Salience

Priming

Affect

Commitments

Ego

We are heavily influenced by who communicates information

Our responses to incentives are shaped by mental shortcuts

We are strongly influenced by what others do We go with the flow of pre-set options

Our attention is drawn to what is novel and seems relevant to us

Our acts are often influenced by unconscious cues

Our emotional associations can powerfully shape our actions

We seek to be consistent with our public promises

We act in ways that make us feel better about ourselves

Dolan, Hallsworth, Halpern, King, & Vlaev, (2010).

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Falsification not validation

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Our desire to confirm our initial ideas is so strong that we will pay people to back us up! (Bazerman & Moore)

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Thanks!

www.house51.co.uk @mishmashhouse51

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