Sublime
An inspiration engine for ideas
"I learned this from Schwarzman. People don't give money to the investors they think are going to make the most money, they allocate to people they like."
people have a general tendency to stick with their current situation.
Richard H. Thaler • Nudge: The Final Edition
The Distorting Power of Incentives (or the “Pointed Carrot”)
Laurence Endersen • Pebbles of Perception: How a Few Good Choices Make All The Difference
(the incentive bias).
Laurence Endersen • Pebbles of Perception: How a Few Good Choices Make All The Difference
lower-status individuals were more willing to experiment when values and rewards gave them a consistent message explicitly emphasizing the value of learning
Stefan H. Thomke • Experimentation Works: The Surprising Power of Business Experiments
Edwin Hollander argued that when people act generously in groups, they earn idiosyncrasy credits—positive impressions that accumulate in the minds of group members. Since many people think like matchers, when they work in groups, it’s very common for them to keep track of each member’s credits and debits. Once a group
Adam M. Grant Ph.D. • Give and Take: Why Helping Others Drives Our Success
Dennis and Eckhardt were adamant that their students consider themselves scientists first and traders second—a testament to their belief in doing the “right thing.”