Stacking Incentives

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If you can stack incentives, that seems positive to me. I feel like the more motivations i have, the better verses trying to parrit down to only the purer one. The benefits addetiv when we layer on 27 different things aren't just purely the sum of their parts because sometimes you have decreasing marginal returns. Say, if you're already pretty motivated, and motivation isn't your biggest barrier, it's time. You know, you just don't have time.

Katy Milkman is a Professor at The Wharton School of the University of Pennsylvania, host of Charles Schwab’s popular podcast “Choiceology with Katy Milkman”, which explores key lessons from behavioral economics about decision making, and the former president of the Society for Judgment and Decision Making. She’s also the co-founder and co-director of the Behavior Change for Good Initiative.

In this episode, Eric and Katy discuss her book, How to Change: The Science of Getting from Where You Are to Where You Want to Be.

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In This Interview, Katy Milkman and I Discuss How to Change and …

Her book, How to Change: The Science of Getting from Where You Are to Where You Want to Be
The biggest barriers to change (and how to overcome them)
The importance of recognizing the choices you’re making when you’re actually making them
The benefit of making it fun to do what’s needed to accomplish goals
How to combine intrinsic and extrinsic motivation to maximize the benefit
The non-linear nature of change
The key to sustained habits
How important it is to apply both flexibility and discipline to habits

Katy Milkman Links:

Katy’s Website

Twitter

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If you enjoyed this conversation with Katy Milkman, you might also enjoy these other episodes:

Tiny Habits for Behavior Change with BJ Fogg

Behavior Change with Dr. John Norcross

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