Commitment Devices - Deepstash
Commitment Devices

Commitment Devices

This is an extreme and effective version of self-nudging. It starts with the elimination of bad choices, by tactical reduction of one's own freedom.

Like Odysseus, from Homer's Odyssey, who was tied to the mast of the ship for a 10-year commute while the sirens would entice sailors to smash their ships.

Or like a study in the Philippines, where people who opted for a commitment account that locked their money up with no benefit, ended up saving 80% more yearly.

Create your own commitment device with a goal and put something on the line, with a referee to keep you honest and moving. 

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vinamra_

Neuropsychology and Employees |Understanding passions and habits

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