How Economic Incentives Affect Our Choices - Deepstash

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When Prompting People to Make a Choice, the Consequence of Not Choosing Matters

How Economic Incentives Affect Our Choices

If a person is told about the economic incentives of their selection, they are more likely to make an active choice.

If the person is told about the pros and cons of their decision, they have a logical reason to make the desired choice, as it can minimize any potential loss.

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