Blogging and Social Networking Policies

Here are some policies that I like for dealing with blogging and social networking sites: IBM Social Computing Guidelines – Blogs, wikis, social networks, virtual worlds and social media Cisco’s Internet Postings Policy Sun Microsystems: Sun Guidelines on Public Discourse BBC: Personal use of social networking and other third party websites (including blogging and personal … Read more »

Irrational Exuberance

In an essay in the Wall Street Journal, Stephen Greenspan explains some of the psychology behind the success of Ponzi schemes: Why We Keep Falling For Financial Scams. The basic mechanism explaining the success of Ponzi schemes is the tendency of humans to model their actions — especially when dealing with matters they don’t fully … Read more »

Risk-Based Compliance

Certain customers, vendors, and intermediaries represent a higher compliance risk than others. Risk indicators include geography, relationships to government officials, business type, method of payment, and dollar volume. In places where risks are very low, compliance burdens can be reduced. Where risks are not low, compliance is heightened . When there are more red flags, … Read more »

Gullibility

NPR’s Science Friday has an interesting broadcast on Gullibility. Ira Flatow interview Stephen Greenspan, author of Annals of Gullibility: Why We Get Duped and How to Avoid It. Can science explain why some swindles are so successful? Why are some people more likely to try to buy the Brooklyn Bridge or send money to the … Read more »