Dan Ariely - (Dis)Honesty

The video discusses the public good game, illustrating the importance of trust and honesty in society. It explains how the game works, highlighting the fragile nature of trust and the stable nature of distrust. The speaker emphasizes the need to foster an atmosphere of trust to prevent dishonesty from spreading, as dishonest actions can erode societal systems. The video concludes with a call to maintain trust and honesty for a better communal life.

What is the initial outcome when all participants in the Public Good Game cooperate?

• Each participant receives $50.

• Each participant receives $5.

• Each participant receives $100.

• Each participant receives $10.

What happens when one participant in the Public Good Game decides to keep their money?

• The total amount in the pot increases.

• The total amount in the pot is unaffected.

• The total amount in the pot remains the same.

• The total amount in the pot decreases.

What is the nature of the 'bad equilibrium' in the Public Good Game?

• It is unstable and easily disrupted.

• It is stable and difficult to change.

• It leads to everyone gaining more money.

• It encourages more cooperation.

How does dishonest behavior affect the system according to the video?

• It improves trust among participants.

• It strengthens the system.

• It erodes the system.

• It has no impact on the system.

What is essential to maintain within a society to prevent the erosion of trust?

• An atmosphere of individualism.

• An atmosphere of trust and honesty.

• An atmosphere of competition.

• An atmosphere of secrecy.