Media Advisory - The David Dodge CIFAR Lecture: The Economics of Manipulation and Deception

OTTAWA, March 4, 2016 /CNW/ - Nobel Laureate George Akerlof (Georgetown University) will deliver a keynote presentation drawing from his new book Phishing for Phools: The Economics of Manipulation and Deception (co-authored with Nobel Laureate Robert Shiller) at The David Dodge CIFAR Lecture, hosted jointly by The Conference Board of Canada and the Canadian Institute for Advanced Research (CIFAR).

The book, co-authored by Nobel Laureate Robert Shiller, challenges the traditional economic presumption that buyers make rational decisions. The authors argue that sellers manipulate customers, preying on their vulnerabilities. Many examples demonstrate how free markets are rife with manipulation from the financial system to pharmaceuticals and food. But there are heroes who have stood up against deceit, the authors write, and through their efforts, regulation and reform, we can reduce the opportunities markets provide to "phish" for "phools."

This second installment of a new lecture series to honour former CIFAR Board Chair David Dodge will also feature opening remarks by Bank of Canada Governor Stephen S. Poloz, Governor of the Bank of Canada and a Q&A session moderated by Daniel Muzyka, President and CEO of The Conference Board of Canada.

This event is sponsored by Scotiabank.

When and Where:                                                 

  • March 10, 2016, 3:45 pm to 6:30 p.m.
  • National Arts Centre, Panorama Room, Ottawa, ON

Who:  Speakers, in order of appearance:

  • Alan Bernstein, President & CEO, The Canadian Institute for Advanced Research, will deliver opening remarks.
  • Stephen S. Poloz, Governor of the Bank of Canada, will deliver opening remarks.
  • George Akerlof, Nobel Laureate, Koshland Professor of Economics – University of California at Berkeley; Senior Fellow – The Brookings Institution, will present the keynote.
  • Daniel Muzyka, President and CEO, The Conference Board of Canada, will moderate a Q&A session.

Media accreditation for this event is required.

For the full list of speakers, schedule and times, visit:

Follow this event on Twitter with the hashtag #phishingforphools


SOURCE Conference Board of Canada

For further information: and media accreditation: Sean Burgess, The Conference Board of Canada,, (613) 526-3090, ext. 294; or Lindsay Jolivet, Canadian Institute for Advanced Research,, (416) 971-4876


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