Commitment Devices - Deepstash

Commitment Devices

First, give your friend $100. If you get the task done by 5 PM, you get your $100 back. If it doesn’t, you lose the $100.

Or make it $200 that the friend doesn’t keep — they donate it to some weird organizations, in your name.

Get the picture? That’s a commitment device.

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cristian_jj

"You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time. " ~ Abraham Lincoln

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