true or fasle
Per Dan Ariely, all people care about is money, and the moment
we give...
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Psychology
true or fasle
Per Dan Ariely, all people care about is money, and the momentwe give them money, we can direct them to work one way or another.This is why we give bonuses to bankers and pay in all kinds ofways.
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People have three psychological needs to feel autonomous to feel competent and to feel related to others he says Payment according to Decis research does not fulfill these needs Overemphasis on financial reward undermines autonomy and therefore intrinsic motivation he says This negative effect of money on motivation matters hugely You need high quality performance from bankers You need thinkers problem solvers people who can be creative and using money to motivate them will not get you that Perhaps more surprisingly some economists also question how good money is as a motivator Dan Ariely of Duke University North Carolina
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