Adopted from the following saying of Dan Ariely from his book Predictably Irrational..
One of the big lessons from behavioral economics is that we make decisions as a function of the environment that we’re in.
Adopted from the following saying of Dan Ariely from his book Predictably Irrational..
One of the big lessons from behavioral economics is that we make decisions as a function of the environment that we’re in.
This saying from Dan Ariely in his book Predictably Irrational, inspires us on the need of self reflection to self correct.
“With everything you do, in fact, you should train yourself to question your repeated behaviors.”
Adopted from the following great saying of Dan Ariely from Predictably Irrational , shows the power of the limbic human brain over the rational brain while making such irrational choices..
“We are all far less rational in our decision-making than standard economic theory assumes. Our irrational behaviors are neither random nor senseless: they are systematic and predictable. We all make the same types of mistakes over and over, because of the basic wiring of our brains.”
Adopted from the following great quote of Dan Ariely , book name Predictably Irrational..
“The danger of expecting nothing is that, in the end, it might be all we’ll get.”
Motivation 3.0 a term coined by Daniel Pink in his book Drive , is based on intrinsic motivation..
This motivational technique is based on rewarding our natural instinct of engagement rather than expecting compliance..
The same has been endorsed by Dan Ariely in his book Predictably Irrational..The following quote related to the same has been adopted from the same book.
“Wouldn’t economics make a lot more sense if it were based on how people actually behave, instead of how they should behave?”
Dan Pink in his book Drive mentions about the fact that Motivation 3.0 is based on intrinsic motivation..
This explains the reason why in the age of knowledge worker more and more people are willing to work towards a cause without being solely motivated by money..
The same has been endorsed by Dan Ariely in his book Predictably Irrational as confirmed by the following quote..
“There are many examples to show that people will work more for a cause than for cash.”
Adopted from the following quote of Dan Ariely , book name Predictably Irrational….
“MONEY, AS IT turns out, is very often the most expensive way to motivate people. Social norms are not only cheaper, but often more effective as well.”
The same has been highlighted in details by Simon Sinek in his book The Infinite Game
Adopted from the following quote of Dan Ariely from Predictably Irrational..
This quote highlights the fact that beyond a threshold , extrinsic rewards can cause detrimental effects..
“People are willing to work free, and they are willing to work for a reasonable wage; but offer them just a small payment and they will walk away.”
The same has been mentioned in details by Daniel Pink in his book Drive