Incentives Are The Cornerstone of Modern Life - Deepstash
Incentives Are The Cornerstone of Modern Life

Incentives Are The Cornerstone of Modern Life

Incentives drive behavior in every aspect of life. Understanding these motivations helps explain why people do what they do, from committing crimes to donating to charity.

“People respond to incentives, although not necessarily in ways that are predictable.”

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  1. Create conflict: those who don’t receive incentives may be jealous of those who do regardless of merit. Those who receive incentives might also be upset if they worked harder than others to get the same reward.
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Chapter 1 - Incentives are the cornerstone of modern life

An incentive is simply a means of urging people to do more of a good thing and less of a bad thing.

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