Mitesh Patel
speaker
112 appearances
2 recordings
1 series
first heard Apr 2016
last heard Dec 2016
Mitesh Patel’s voice in public audio — every appearance, attributed to the second.
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Appearances
And this was statistically significant and a huge improvement
For essentially no change in the value of the incentive.
You know, we tend to respond more to losses than gains.
We want immediate gratification.
We're not really excited by rewards that are gonna happen far into the future.
And we're often engaged based on our emotions.
So we hate the feeling of regret not being able to collect a reward that we could have gotten had only we tried a little bit harder.
And so if we can leverage those things, we can really design these programs to be more effective.
that group setting.
You need some kind of individual reinforcement, but you also need someone there to support you.
You need to feel accountable to a teammate, a family member, or a friend.
That combination of of social structure and reward incentives can really help us to achieve better outcomes than just using the device alone.
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