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by stouset
3430 days ago
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I'd read both this article as well as the one about Tesla, but it never would have occurred to me to connect the two! So many aspects of behavioral economics seem counterintuitive at first (introducing penalties increases rule-breaking) but are obvious in hindsight (monetary penalties appear to reframe a calculation away from social decision-making toward economic decision-making, which can change the participants' conclusions toward the penalty)! |
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