๏ธ๐Ÿช™

The Trust Discount

Part of a collection of essays on TRUST by @futurepaul

Hereโ€™s a fun fact from โ€œthe scienceโ€ on honesty:

People who have a set of protected values thatโ€™s one standard deviation above the average discount the money they receive by lying by about 25 percent. A dollar received when lying is worth to them only 75 cents.โ€

I donโ€™t really know what to do with this research result, but thereโ€™s something pleasing about it. โ€œYouโ€™re going to make me lie to you? Thatโ€™ll be $100. Want me to tell the truth? Iโ€™ll do it for $75!โ€

You feel better if you earn money in a way that is consistent with your values.

Sounds straightforward, but might be a Big Deal?

Posted Oct 1, 2022