Worklife with Adam Grant How do incentives really work? with Uri Gneezy
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Apr 11, 2023 
Join behavioral economist Uri Gneezy, known for his groundbreaking work on incentives, as he delves into what truly motivates us. He explains how financial penalties can backfire, exemplified by parental behavior at daycare. Discover the complex dynamics of workplace incentives and why they often lead to unintended consequences. Gneezy also shares insights on the importance of intrinsic motivation and the role of incentives in relationships. Plus, he introduces a new podcast aimed at addressing work challenges with speed and insight.
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The Daycare Dilemma
- Uri Gneezy's daughters' daycare imposed fines for late pickups.
- This led to increased lateness as the fine was seen as a price for extra care.
Incentive Dangers and Solutions
- Incentives can undermine intrinsic motivation.
- Sometimes a larger incentive is needed to fix an incentive-caused issue.
Better Incentive Design
- Consider the message your incentives send.
- Test incentives and adjust them if they don't work as intended.
