Sublime

Bernardo Huberman's research group at Hewlett-Packard developed a scheme that first asked each person to bet on what everyone else was going to say.`° This "common knowledge" was then discounted, since it was obviously being counted more than once.

If people know their preferences, and know that they dislike the outcome that is embedded in the default, they will probably change it.

BEAR (Behavioural Economics in Action at Rotman)

Our goal is to get our reflexive minds to execute on our deliberative minds’ best intentions.

Two University of Zurich researchers were equally curious: The Swiss nuclear incentive study, titled “The Cost of Price Incentives: An Empirical Analysis of Motivation Crowding-Out,” was conducted by Bruno S. Frey and Felix Oberholzer-Gee. It was published in the American Economic Review 87 (1997): 746–55. forty students sat with number 2 pencils:

You need to base rewards on criteria other than measurable outcomes, such as how committed people are to experimentation, how many small experiments they have run, and how well they extract lessons from the efforts, their risk assessments, and the mistakes they have made. Otherwise, only successful experiments are rewarded, and people will go under