Misbehaving with Richard Thaler
Hidden Brain
00:00
How to Reward Employees at the End of the Year
Richard: Why is it that when we receive money from certain sources, the way we think about spending that money changes dramatically? Richard: One of my colleagues, my fellow trouble makers, is david labson. He says he was not happy about spending 200 dollars on dinner, and now claims it was more than 300.richard: If you want to reward employees at the end of the year, giving them a cash bone s is very different than giving them a vacation.
Transcript
Play full episode
