Incentives

These posts cover incentives, and how they drive our behavior. These may include positive incentives (encouraging us to do something) and negative incentives (encouraging us not to do something)
May
20
When Suffering Is A Good Thing (Newsletter 047)

When Suffering Is A Good Thing (Newsletter 047)

When we strive and struggle, when we push beyond our comfort zones, we learn what we can do. In contrast, we do not learn any useful limits sitting on our couches.
7 min read
May
17
Going Nowhere Fast

Going Nowhere Fast

Hey airlines, newsflash: we only fly when we have absolutely no alternative. You make the U.S. Postal Service look well run.
3 min read
Apr
29
What I Learned From Judging ... And Being Judged (Newsletter 044)

What I Learned From Judging ... And Being Judged (Newsletter 044)

If you want to be happy in life, there is only one comparison you should ever make.
7 min read
Apr
22
No One Cares As Much As You Do (Newsletter 043)

No One Cares As Much As You Do (Newsletter 043)

Your ambitions exceed your abilities not because of any failing on your part, but because everyone is focused on their own priorities.
5 min read
Apr
15
Why Aren't More Pharma Companies Non-Profits? (Newsletter 042)

Why Aren't More Pharma Companies Non-Profits? (Newsletter 042)

Is it possible for a company's successful pursuit of long-term profitability to create incentives that are harmful for their customers and for society as a whole?
5 min read
Mar
25
Who Are The Most Cost-Effective Employees? (Newsletter 039)

Who Are The Most Cost-Effective Employees? (Newsletter 039)

It is economically rational for companies to consider their total costs when hiring and promoting employees.
6 min read
Mar
18
Try Not Telling People You're An Expert (Newsletter 038)

Try Not Telling People You're An Expert (Newsletter 038)

The high expectations of others are valuable if we force ourselves to live up to them. But beware of giving in to the temptation to believe others' expectations without doing the hard work necessary to earn them.
6 min read
Dec
24
It's Good To Be The Boss! (Newsletter 026)

It's Good To Be The Boss! (Newsletter 026)

It is unquestionably good to be the boss, because it puts you in a position to influence your company. But if you take your job seriously, you'll soon see that little comes with the title beyond the responsibility to live up to others' expectations.
5 min read
Dec
10
I Want It Now! (Newsletter 024)

I Want It Now! (Newsletter 024)

It seems like many politicians view themselves as entertainers first, and legislators or representatives a distant second. After all, you must be popular to be elected, the thinking goes
6 min read
Dec
07
If You Ask The Wrong Questions...

If You Ask The Wrong Questions...

Because we do not like feeling uncomfortable, our natural tendency is to seek out information that conforms to our existing beliefs and to ignore conflicting information.
6 min read