When companies give bonus based on meeting a target, employees try to lower the target requirements rather than focus on growing the company.
When parents give candy to their children based on how much they write, children figure out how to write fast without grasping the essence of the writing.
People look for ways that work for their best interest whenever they are incentivized.
Our relationship with money is similar to our relationship with humans. We don’t hesitate to splurge...
If we drag ourselves to work, we have less free will than we think you have....
A quid pro quo is often involved when someone is being generous. Paying for client’s lunch...
You delay gratification to enjoy future reward. Be frugal now (present sacrifice) to gain compounding investment...