Chapter
Comparing Education Systems: The Power to the People
1:03:33 - 1:09:35 (06:01)
The speaker discusses the differences between education systems worldwide, specifically in terms of standardized testing and giving power to the people. He argues for a potentially more effective approach to education evaluation.
Clips
Incentives can be a powerful tool in shaping behavior, but bad incentives can lead to unintended consequences, as in the case of a daycare center where late pick-up fees led to more late pick-ups.
1:03:33 - 1:04:21 (00:48)
Summary
Incentives can be a powerful tool in shaping behavior, but bad incentives can lead to unintended consequences, as in the case of a daycare center where late pick-up fees led to more late pick-ups. The importance of designing effective incentives is illustrated by a similar example in Wales where a poorly designed incentive led to increased travel costs for families.
ChapterComparing Education Systems: The Power to the People
Episode#609 - Uri Gneezy - How To Understand Psychological Incentives
PodcastModern Wisdom
The podcast discusses various stories that involve incentives gone wrong, such as imposing fines on parents for taking vacations during off-peak periods and incentivizing people to kill rats in Vietnam, which resulted in unintended consequences.
1:04:21 - 1:05:33 (01:11)
Summary
The podcast discusses various stories that involve incentives gone wrong, such as imposing fines on parents for taking vacations during off-peak periods and incentivizing people to kill rats in Vietnam, which resulted in unintended consequences.
ChapterComparing Education Systems: The Power to the People
Episode#609 - Uri Gneezy - How To Understand Psychological Incentives
PodcastModern Wisdom
Incentives are often used to motivate people to achieve desired outcomes, but they can also lead to unintended consequences.
1:05:33 - 1:06:32 (00:58)
Summary
Incentives are often used to motivate people to achieve desired outcomes, but they can also lead to unintended consequences. For example, a program that paid people to bring in rat tails resulted in the creation of rat farming and a decrease in the number of rats killed.
ChapterComparing Education Systems: The Power to the People
Episode#609 - Uri Gneezy - How To Understand Psychological Incentives
PodcastModern Wisdom
Researchers investigate the role of intrinsic motivation in standardized test performance, specifically looking at 15-year-olds' ability and willingness to invest effort.
1:06:32 - 1:08:01 (01:28)
Summary
Researchers investigate the role of intrinsic motivation in standardized test performance, specifically looking at 15-year-olds' ability and willingness to invest effort.
ChapterComparing Education Systems: The Power to the People
Episode#609 - Uri Gneezy - How To Understand Psychological Incentives
PodcastModern Wisdom
The speaker discusses the cultural differences between the US and China and how it affects work ethic and success.
1:08:01 - 1:09:35 (01:34)
Summary
The speaker discusses the cultural differences between the US and China and how it affects work ethic and success. She suggests that in China, it's more of a collective culture where hard work is valued and rewarded, while in the US, individualism is more prioritized.