EPISODE · May 26, 2024 · 0 MIN
Mixed Signals Uri Gneezy
from Book Summaries 2024
https://amzn.to/3KCuvJjIncentives send powerful signals that aim to influence behavior. But often there is a conflict between what we say and what we do in response to these incentives. The result: mixed signals.Consider the CEO who urges teamwork but designs incentives for individual success, who invites innovation but punishes failure, who emphasizes quality but pays for quantity.Employing real-world scenarios just like this to illustrate this everyday phenomenon, behavioral economist Uri Gneezy explains why incentives often fail and demonstrates how the right incentives can change behavior by aligning with signals for better results.Drawing on behavioral economics, game theory, psychology, and fieldwork, Gneezy outlines how to be incentive smart, designing rewards that are simple and effective.“Show me the incentive and I will show you the outcome.”
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Mixed Signals Uri Gneezy
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