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#609 - Uri Gneezy - How To Understand Psychological Incentives

Modern Wisdom

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Incentives and Identity

This chapter explores the interplay between economic incentives and psychological motivations, emphasizing the importance of integrating both perspectives to understand workplace behavior. It highlights how social and self-signaling shape individuals' actions, decisions, and self-perception, influenced by contextual factors. Through various examples, the discussion illustrates the complexities of psychological incentives, particularly in scenarios like gift-giving and ride-sharing services, raising questions about integrity and decision-making.

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