Modelling motivation: rationality, signaling and bias - Deepstash

Modelling motivation: rationality, signaling and bias

  • Rational choice theory suggests that human behaviour is underpinned by the motivations of each individual. More specifically, this theory models human beings as utility-maximizers, according to a set of preferences. If you give people a set of actions to choose from, they will do whatever improves their utility the most.
  • Signalling is the idea of taking an action because of what it communicates about you. For example, we care more for credentials in education than learning.
  • The prospect theory states that we are reliably irrational in our decision-making. One possible bias is loss aversion that argues that we'll work harder to avoid losses than to get equivalent gains.

879

1.35K reads

CURATED FROM

IDEAS CURATED BY

zara_michaels

Follow me and I will follow back!

The idea is part of this collection:

Happiness At Work

Learn more about personaldevelopment with this collection

How to create a positive work environment

Techniques for cultivating gratitude and mindfulness at work

How to find purpose in your work

Related collections

Similar ideas to Modelling motivation: rationality, signaling and bias

Negativity bias and decision making

We make decisions based on the information that we have. However, we tend to be more reliant on the negative more than the positive. This causes two outcomes:

  1. Risk aversion – where we prefer an assured outcome over a gamble with a higher expected outcome; and

    ...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates