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Human Risk द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Human Risk या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
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Bruce Rigal on Money and Motivation
MP3•एपिसोड होम
Manage episode 374000324 series 2845792
Human Risk द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Human Risk या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
How can we design incentive programmes that deliver the right outcomes and avoid the wrong ones? We're all familiar with teh idea of rewards to encourage good behaviour and punishment to deter bad behaviour. Incentive programmes are common because they're effective. But they often come with unintended consequences.
On this episode, I'm speaking to a former colleague of mine, Bruce Rigal. He began his career in Investment Banking — where we worked together — before, like me, moving into Behavioural Science. As part of his role in banking, Bruce was responsible for the development of an incentive program within a bank, making him the ideal person to talk to about the challenges of developing ones that will deliver the right outcomes.
In our discussion, we talk about:
Professor Elke Weber: https://psych.princeton.edu/people/elke-weber
Professor Sam Peltzman: https://www.chicagobooth.edu/faculty/emeriti/sam-peltzman
The Peltzman Effect: https://tradestops.com/blog/the-peltzman-effect-how-safety-perception-increases-risk/
(Original paper here:https://www.jstor.org/stable/1830396)
The impact of rewards on intrinsic motivation in children: https://bingschool.stanford.edu/news/mark-lepper-intrinsic-motivation-extrinsic-motivation-and-process-learning
To connect with Bruce: https://www.linkedin.com/in/bruce-rigal-6799a545/
For more on my book 'Humanizing Rules: Bringing Behavioural Science to Ethics & Compliance' and to read the first few chapters for free: www.humanizingrules.com
…
continue reading
On this episode, I'm speaking to a former colleague of mine, Bruce Rigal. He began his career in Investment Banking — where we worked together — before, like me, moving into Behavioural Science. As part of his role in banking, Bruce was responsible for the development of an incentive program within a bank, making him the ideal person to talk to about the challenges of developing ones that will deliver the right outcomes.
In our discussion, we talk about:
Professor Elke Weber: https://psych.princeton.edu/people/elke-weber
Professor Sam Peltzman: https://www.chicagobooth.edu/faculty/emeriti/sam-peltzman
The Peltzman Effect: https://tradestops.com/blog/the-peltzman-effect-how-safety-perception-increases-risk/
(Original paper here:https://www.jstor.org/stable/1830396)
The impact of rewards on intrinsic motivation in children: https://bingschool.stanford.edu/news/mark-lepper-intrinsic-motivation-extrinsic-motivation-and-process-learning
To connect with Bruce: https://www.linkedin.com/in/bruce-rigal-6799a545/
For more on my book 'Humanizing Rules: Bringing Behavioural Science to Ethics & Compliance' and to read the first few chapters for free: www.humanizingrules.com
297 एपिसोडस
MP3•एपिसोड होम
Manage episode 374000324 series 2845792
Human Risk द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Human Risk या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
How can we design incentive programmes that deliver the right outcomes and avoid the wrong ones? We're all familiar with teh idea of rewards to encourage good behaviour and punishment to deter bad behaviour. Incentive programmes are common because they're effective. But they often come with unintended consequences.
On this episode, I'm speaking to a former colleague of mine, Bruce Rigal. He began his career in Investment Banking — where we worked together — before, like me, moving into Behavioural Science. As part of his role in banking, Bruce was responsible for the development of an incentive program within a bank, making him the ideal person to talk to about the challenges of developing ones that will deliver the right outcomes.
In our discussion, we talk about:
Professor Elke Weber: https://psych.princeton.edu/people/elke-weber
Professor Sam Peltzman: https://www.chicagobooth.edu/faculty/emeriti/sam-peltzman
The Peltzman Effect: https://tradestops.com/blog/the-peltzman-effect-how-safety-perception-increases-risk/
(Original paper here:https://www.jstor.org/stable/1830396)
The impact of rewards on intrinsic motivation in children: https://bingschool.stanford.edu/news/mark-lepper-intrinsic-motivation-extrinsic-motivation-and-process-learning
To connect with Bruce: https://www.linkedin.com/in/bruce-rigal-6799a545/
For more on my book 'Humanizing Rules: Bringing Behavioural Science to Ethics & Compliance' and to read the first few chapters for free: www.humanizingrules.com
…
continue reading
On this episode, I'm speaking to a former colleague of mine, Bruce Rigal. He began his career in Investment Banking — where we worked together — before, like me, moving into Behavioural Science. As part of his role in banking, Bruce was responsible for the development of an incentive program within a bank, making him the ideal person to talk to about the challenges of developing ones that will deliver the right outcomes.
In our discussion, we talk about:
Professor Elke Weber: https://psych.princeton.edu/people/elke-weber
Professor Sam Peltzman: https://www.chicagobooth.edu/faculty/emeriti/sam-peltzman
The Peltzman Effect: https://tradestops.com/blog/the-peltzman-effect-how-safety-perception-increases-risk/
(Original paper here:https://www.jstor.org/stable/1830396)
The impact of rewards on intrinsic motivation in children: https://bingschool.stanford.edu/news/mark-lepper-intrinsic-motivation-extrinsic-motivation-and-process-learning
To connect with Bruce: https://www.linkedin.com/in/bruce-rigal-6799a545/
For more on my book 'Humanizing Rules: Bringing Behavioural Science to Ethics & Compliance' and to read the first few chapters for free: www.humanizingrules.com
297 एपिसोडस
सभी एपिसोड
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