economics discussion 8 1

After watching the Freakonomics video clip on the incentives that sumo wrestlers face, it shows that there are times when rational people will choose to cheat in order to get a greater payoff.

Has there ever been a situation that you faced where the incentives before you were such that the cheaters had an advantage? Describe how you handled the situation, and how Saint Leo’s core value of responsible stewardship could help you when facing a similar situation in the future.

In paragraph a), identify a situation you encountered when cheating would have provided incentives that tempted you to cheat because it would have given you an incentive, usually monetarily, by doing that. Make sure you explain your reasoning for how you handled the situation. In paragraph b), explain how Saint Leo’s core value of responsible stewardship could help you make a decision when another situation involving cheating comes your way. Limit your discussion in paragraph b) to only responsible stewardship, although there are other core values that also apply. At least 500-words APA format

Core Value: Responsible Stewardship: Our Creator blesses us with an abundance of resources. We foster a spirit of service to employ our resources to university and community development. We must be resourceful. We must optimize and apply all of the resources of our community to fulfill Saint Leo University’s mission and goals.

Freakonomics audio transcript of this film clip is attached

 

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