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The Role Prediction Markets Play In Assessing Climate Risk

The Horizons Tracker

“The institutional arrangements under which climate-risk information is currently provided mirrors the incentive problems and conflicts of interest that prevailed in the credit-rating industry prior to the 2007/8 financial crisis,” the researchers explain. ” Understanding climate risk.

Marketing 103
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A Lesson from Warren Buffet about Ethical Blind Spots

Harvard Business Review

The data seem clear on David Sokol's conflict of interest in the Berkshire/Lubrizol deal. And, when we allow financial firms to choose for themselves the agencies that rates their financial products, the agencies have every incentive to be lax. A desire for integrity is no protection from conflicts of interest.

Ethics 14