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6min chapter
Why Amazon paid staff $5k to quit
Nudge
Exploring the Power of Loss Aversion and Incentives
Exploring how loss aversion incentives can drive productivity in various settings by showcasing examples in education and manufacturing, emphasizing that losses can be more motivating than gains. The chapter hints at utilizing framing techniques and mentions intriguing case studies like Peloton's pricing strategy and Amazon's unique quit offer.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode