Footnote:
Includes bibliographical references and index. - Description based on online resource; title from digital title page (viewed on February 27, 2023)
Description:
"The science of behavioral economics explains the ways people are "predictably irrational." This book helps leaders understand how people "tick", how they react to incentives (monetary or non-monetary in nature) and what that means for working together - or against each other - at work. Understanding people is crucial for success in business and organizational life. But people are weird. The science of behavioral economics can help leaders understand the ways people are "predictably irrational" and what leaders can do about it. This book explains fascinating ways employees react to incentives (monetary or non-monetary) and what that means for teamwork - or working against each other - at work. Modern behavioral economics research is better suited than any other research direction to pursue these questions and provide answers. The author, one of the most influential economists in Germany, has been researching behavioral economics for 20 years and takes you on a journey to summarize for leaders the most important findings in the discpline, both for your own personal career, but also for the people and teams you lead"--