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Companies, however unintentionally, choke the motivation out of their employees.
Dan Ariely
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Dan Ariely
Age: 57
Born: 1967
Born: April 29
Economist
Pedagogue
Professor
Psychologist
University Teacher
Writer
New York City
New York
Employees
Employee
Companies
Motivation
However
Company
Unintentionally
Choke
More quotes by Dan Ariely
I think we could get people to both be more productive and happier. We're less productive as individuals. We're less productive as companies, and we're more miserable.
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When you get a checking account, you should have a savings account, and the number for the savings account should be one off of your checking account.
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The problem with opportunity cost is that opportunity cost is divided among many, many things.
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We should teach the students, as well as executives, how to conduct experiments, how to examine data, and how to use these tools to make better decisions.
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The major thing that holds you back when you're trying to change a bad habit like eating, smoking, or drinking too much is your belief you are out of control.
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Thinking is difficult and sometimes unpleasant.
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Once we start thinking of ourselves as polluted, there is not much incentive to behave well, and the trip down the slippery slope is likely.
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If I gave you now, $10 as a gift, how happy would you be? Would you be happy, is the marginal $10, the best use of $10 you can use? Of course not. If I have you a CD, you know exactly what you are getting and you will have a value for it. So, money has lots of problems with it.
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Money is all about opportunity cost. Every time you spend on something, that's something you can't spend on something else.
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It is helpful to think of people as having two fundamental motivations: the desire to see ourselves as honest, good people, and the desire to gain the benefits that come from cheating - on our taxes or on the football field.
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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.
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When we save, everybody in the household is just suffering. By having the coin in a visible way, when you scratch, you can say the person that is in charge of the making money for the family is doing the right thing.
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It was shocking to realize how many low-income Americans don't have savings accounts.
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One of the big lessons from behavioral economics is that we make decisions as a function of the environment that we're in.
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Take a brilliant, creative social scientist, without any respect for conventional wisdom and you get Ellen Langer. She is a fantastic storyteller, and Counterclockwise is a fascinating story about the unexpected ways in which our minds and bodies are connected.
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We usually think of ourselves as sitting the driver's seat, with ultimate control over the decisions we made and the direction our life takes but, alas, this perception has more to do with our desires-with how we want to view ourselves, than with reality.
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Once you break the social norm and create a new social norm, all of a sudden it can stay with us for a long time.
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But because human being tend to focus on short-term benefits and our own immediate needs, such tragedies of the commons occur frequently .
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When parents have college savings accounts for their kids, their kids show higher social and cognitive performance.
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When you're in pain, tomorrow doesn't exist - just the pain - and the only thing that you want in the world is for it to go away.
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