Ep56 “When Should We Lie for the Greater Good?” with John Ioannidis

Ep56 “When Should We Lie for the Greater Good?” with John Ioannidis

Is it acceptable for doctors to lie to their patients, or withhold some of the truth, if it’s in the patient’s best interest?

In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen welcome back John Ioannidis, professor of medicine at Stanford University, to discuss the ethical implications of concealing the truth in the medical world, even when it’s for the greater good.

The conversation touches on the importance of building and maintaining trust in healthcare, cases where that trust has been tested or fractured, the paternalism mindset in medicine, the potential biases in medical research funding, and why building back trust in healthcare is a steep climb.

Find All Else Equal on the web:
https://lauder.wharton.upenn.edu/allelse/

All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM.


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Ep29 “How Do You Become CEO?” with Dirk Jenter

Ep29 “How Do You Become CEO?” with Dirk Jenter

A lot has been written and said about CEOs and their compensation, but who are they really and how did they get there? According to the data, what are the most likely paths to become one? In this epis...

29 Juni 202332min

Ep28 Incentives and Externalities

Ep28 Incentives and Externalities

Humans respond to incentives, and so incentives predict behavior and sometimes the behavior can be detrimental. In this episode of All Else Equal: Making Better Decisions, hosts and finance professors...

14 Juni 202325min

Ep27 "The Future of AI" with Michal Kosinski

Ep27 "The Future of AI" with Michal Kosinski

The speed at which AI is getting smarter is on everybody's mind these days. In this episode of All Else Equal: Making Better Decisions, hosts and finance professors Jonathan Berk and Jules van Binsber...

31 Maj 202330min

Ep26 “Investigating Implausible Theories: The Case of COVID” with Matt Ridley

Ep26 “Investigating Implausible Theories: The Case of COVID” with Matt Ridley

When COVID-19 shut down the world economy in 2020 many wondered where it had begun and why the pandemic had even started in the first place. In this episode of All Else Equal: Making Better Decisions,...

17 Maj 202329min

Ep25 “Bubble Trouble” with Will Goetzmann

Ep25 “Bubble Trouble” with Will Goetzmann

Financial bubbles are episodes where the value of something (like stocks, tulips or cryptocurrency) shoots up very rapidly, but then peaks and comes crashing down. The problem has never been seeing th...

3 Maj 202328min

Ep24 “When Institutions Cry Wolf” with Jay Bhattacharya

Ep24 “When Institutions Cry Wolf” with Jay Bhattacharya

It takes a long time to build up credibility, but you can lose it in an instant. What would it take to justify lying to the public for their own good, and are the benefits worth the costs? In this epi...

12 Apr 202332min

Ep23 “When Banking Fails” with Amit Seru

Ep23 “When Banking Fails” with Amit Seru

The FDIC and Federal Reserve have recently intervened to stop another banking crisis. In this episode of All Else Equal: Making Better Decisions, hosts and finance professors Jonathan Berk and Jules v...

24 Mars 202333min

Ep22 “How Do You Know If Your Marketing Dollars Are Working?” with Florian Zettelmeyer

Ep22 “How Do You Know If Your Marketing Dollars Are Working?” with Florian Zettelmeyer

Note: if you are hearing the wrong audio try redownloading the episode or listen here.What reach does marketing really have? In the murky waters of cause and effect marketers have to figure out where ...

15 Mars 202326min

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