Archive for September, 2008
Financial bailout and “moral hazard”
Monday, September 29th, 2008Much has been written on the debate about the “moral hazard” of bailing out mortgage giants Fannie Mae and Freddie Mac. Economists use this term to apply to situations where a party believes it won’t have to face the full consequences of its actions. In the financial markets, moral hazard encourages big bets because [...]
Knowledge Management and Thresholds of Trust
Saturday, September 13th, 2008My friend Jack Vinson, knowledge management expert, shared a link to a knowledge management blog, Above and Beyond KM, that talks about trust as the secret sauce to knowledge management. The blog’s author, Mary Abraham, cites to a post by Neil Richards (Knowledge Thoughts), How trust & risk affect wiki adoption. In this post, Richards discussed the “trust threshold, [...]