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2min chapter
The best of Nudge in 2023
Nudge
The Impact of a Fine for Late Pickups and Creating Great Stories
Contrary to expectations, the introduction of a $3 fine for late pickups in daycares actually doubled the average number of parents who were late. The chapter explores why the fine incentivized lateness instead of discouraging it and delves into various psychological phenomena related to decision-making.
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Listen to the best highlights from the podcasts you love and dive into the full episode