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Motivation, basically getting people to be happy at work, everybody - everybody benefits.

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
Motivation
Benefits
Everybody
Getting
Happy
Work
People
Basically

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A very simple bad decision is to get into debt. And that is very expensive.
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Companies, however unintentionally, choke the motivation out of their employees.
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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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Money is a wonderful invention. It lets us save, it lets us specialize, right? I couldn't be a professor if there wasn't any money. Every day I would have to raise chicken and bread and broccoli and go ahead and spend all my time trading. So, money is a wonderful mechanism.
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It was shocking to realize how many low-income Americans don't have savings accounts.
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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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Linking financial element to energy consumption I think has a huge role if you think about a display instrument that could teach us about what we are using, how much it costs us, how much it is saving, and therefore change our decisions.
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Honesty is a complex and tricky thing, and we don't want to be honest all the 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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For all of us, it's very hard to think about money, and because of that, we need help. In the same way that for all of us, it is hard to eat well, and we need some help. The poor have a particular challenge, which is that their life is actually much more complex - and they're much more complex cognitively.
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In life we encounter many people who, in some way or another, try to tattoo our faces.
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With everything you do, in fact, you should train yourself to question your repeated behaviors.
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It is very difficult to make really big, important, life-changing decisions because we are all susceptible to a formidable array of decision biases. There are more of them than we realize, and they come to visit us more often than we like to admit.
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The experiments show quite clearly that, as you resist more and more temptation, you're actually more and more likely to fail.
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When it comes to the mental world, when we design things like health care and retirement and stock markets, we somehow forget the idea that we are limited. I think that if we understood our cognitive limitations in the same way that we understand our physical limitations … we could design a better world.
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Rainy day savings are incredibly important, because from time to time, bad things happen. And if you're not prepared for that, it's going to be really terrible.
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But suppose we are nothing more than the sum of our first, naive, random behaviors. What then?
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Disasters are usually a good time to re-examine what we've done so far, what mistakes we've made, and what improvements should come next.
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I don't think we should go around life and being miserable all the time and feel the pain of paying. It's a question of what categories we want to spend more on and what categories we want feel that we are spending too much on and we want to cut down.
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