The Spanish version of this paper is available at: "http://ssrn.com/abstract=2134182" http://ssrn.com/abstract=2134182Note: This paper is an interview of Michael Jensen by Karen Christensen on the topic of integrity. This version of the document has been updated to incorporate new material.There...

We present a positive model of integrity that, as we distinguish and define integrity, provides powerful access to increased performance for individuals, groups, organizations, and societies. Our model reveals the causal link between integrity and increased performance, quality of life, and...

Main description: Like nature itself, modern economic life is driven by relentless competition and unbridled selfishness. Or is it? Drawing on converging evidence from neuroscience, social science, biology, law, and philosophy, Moral Markets makes the case that modern market exchange works only...