Chapter
The Use of Price Discrimination and Thermometers in Businesses
28:16 - 32:21 (04:05)
This podcast discusses the use of price discrimination based on temperature in vending machines and the implementation of working from home as a reward instead of punishment in businesses.
Clips
This podcast episode discusses price discrimination in different industries such as Coca-Cola, vending machines, and AMC theaters.
28:16 - 30:06 (01:50)
Summary
This podcast episode discusses price discrimination in different industries such as Coca-Cola, vending machines, and AMC theaters. The speakers give examples of different strategies used for price discrimination.
ChapterThe Use of Price Discrimination and Thermometers in Businesses
Episode#609 - Uri Gneezy - How To Understand Psychological Incentives
PodcastModern Wisdom
The way you frame a message can have a significant impact on how it's received by the audience.
30:06 - 30:48 (00:41)
Summary
The way you frame a message can have a significant impact on how it's received by the audience. By starting with empathy and addressing the problem upfront, businesses can better connect with their customers and employees.
ChapterThe Use of Price Discrimination and Thermometers in Businesses
Episode#609 - Uri Gneezy - How To Understand Psychological Incentives
PodcastModern Wisdom
Incentives have the power to change the way we perceive events.
30:48 - 32:21 (01:32)
Summary
Incentives have the power to change the way we perceive events. By controlling incentives, we can improve performance and outcomes.