2min chapter

Freakonomics Radio cover image

448. The Downside of Disgust

Freakonomics Radio

CHAPTER

Are Incentives Creating Bat Decisions?

Economist ambule ate one of these scorpions himself. He wanted to know, if i offer incentives to somebody, what do i do with their quality of decision making? This goes back to the idea of whether financial incentives might skew someone's judgment toward selling their kidneys or eggs. And it turns out the answer to that question as yes. The bigger incentive increases their appetite to persuade themselves that what they're about to do is a good idea....

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