Confidence games are an ancient social phenomenon, an opportunistic exploitation of judgment errors to advance voluntary exchanges that are not mutually beneficial. The game has many varieties and is here to stay. Society cannot eradicate confidence games, but laws, policies, and ethical norms may reduce their social costs.
Barak Orbach and Lindsey Huang, “Con Men and Their Enablers: The Anatomy of Confidence Games” (Social Research: An International Quarterly, Volume 85, Number 4, Winter 2018),
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Orbach & Huang
