Reward Substitution
A strategy where less immediate or tangible rewards are substituted with more immediate or tangible ones to encourage desired behaviors.
A strategy where less immediate or tangible rewards are substituted with more immediate or tangible ones to encourage desired behaviors.
A cognitive bias where people are less likely to spend large denominations of money compared to an equivalent amount in smaller denominations.
The discrepancy between what people intend to do and what they actually do.
A behavioral economic theory that describes how people choose between probabilistic alternatives that involve risk, where the probabilities of outcomes are known.
A cognitive bias where individuals overestimate their ability to control impulsive behavior, leading to overexposure to temptations.
A persuasion strategy that involves getting a person to agree to a small request to increase the likelihood of agreeing to a larger request later.
A decision-making strategy where individuals allocate resources proportionally to the probability of an outcome occurring, rather than optimizing the most likely outcome.
A psychological model that outlines the stages individuals go through to change behavior, including precontemplation, contemplation, preparation, action, and maintenance.
The ability to influence others' behavior by offering positive incentives or rewards, commonly used in organizational and social contexts.