Liar, Liar

Media Type: Film Clips Topic: Incentives, Behavioral Economics

Click here to watch this clip.

Jim Carrey, a compulsive liar, is forced to tell the truth for 24 hours after his son makes a birthday wish. In this scene he is stopped for speeding and ends up telling the cop that he also ran a red light, failed to yield at a crosswalk, and that he has many unpaid parking tickets. He ignores most traffic laws because he is always running late and hence his behavior reflects his short-run incentive to try to make up time by driving faster. This is a good starting point for a discussion of the economics of crime. 

Available on iTunes Available on Amazon.com
Your Thoughts
Was this helpful to you?
0
(0 votes)
Tags
Related Content

What People are saying...

Who's Dirk?
More on the man, himself. Meet Dirk
Econ Media Library
Check out multimedia tools, videos and more in our Media Library