• Posts
  • RSS
  • ◂◂RSS
  • Contact

  • Frequent Flyer Kickbacks

    September 12th, 2015
    ethics, travel  [html]
    A: I'm looking to place an order for my company. What's your rate?

    B: We charge $X.

    A: That's a little high; can you do better?

    B: What if I throw in a little something extra, just for you?

    A: Oh?

    B: Say I give you 1%. Maybe take yourself a little vacation?
    This is clearly corrupt. Person A is negotiating on behalf of their company, so any discounts person B offers should be to A's company not directly to A. Yes, A is the decision maker, but they need to be choosing based on what their company needs, not what kickbacks they'll get.

    This is exactly what frequent flyer miles are. A business traveler buys a ticket with company money, and the airline passes back a little "thank you" bribe to the traveler for choosing them. Why do we allow this?

    Comment via: google plus, facebook

    Recent posts on blogs I like:

    How to extend pockets

    Make women's pants pockets big enough to hold a phone properly The post How to extend pockets appeared first on Otherwise.

    via Otherwise May 19, 2022

    Buckingham Palace

    I love England. Especially because of the big castle called Buckingham Palace. I got to see the outside there, but my mom showed me some pictures of the inside. I love it there. But the outside doesn't look very fancy to me. But I never knew why those …

    via Anna Wise's Blog Posts April 25, 2022

    What is causality to an evidential decision theorist?

    (Subsumed by: Timeless Decision Theory, EDT=CDT) People sometimes object to evidential decision theory by saying: “It seems like the distinction between correlation and causation is really important to making good decisions in practice. So how can a theor…

    via The sideways view April 17, 2022

    more     (via openring)


  • Posts
  • RSS
  • ◂◂RSS
  • Contact