2min chapter

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#609 - Uri Gneezy - How To Understand Psychological Incentives

Modern Wisdom

CHAPTER

How to Design Incentives That Work

When designing incentives, need to think about it within the culture that you're talking about. It could be a culture like we use in the U.S., but even within San Diego,. Everyone will have a different culture and they'll care about different things. There are some rules that I can tell you, but the details of this, you really need to figure out yourself. You need to find people that care about it.

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