That Giving Feeling
By now probably most of us are familiar with the concept of ‘crowdfunding’. As defined in Wikipedia, it “is the practice of funding a project or venture by raising monetary contributions from a large number of people”. It’s a source of alternative financing; in 2015, “it was estimated that worldwide over US$34 billion was raised this way”.
An article in a recent issue of Psychology Today explores the motivation for people to subscribe to this method of giving. (more…)
Motivation Tied to Incentives
Those familiar with Freakonomics will likely recall one of the pivotal observations delved into about human behaviour: people’s actions are greatly, if not primarily, influenced by incentives.
This caveat is revisited in the new issue of Psychology Today. A major article discusses the links between human motivation and incentives which may be laid, sometimes waylaid, in its path. (more…)
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Behaviour & Relationships, Personal Development, Social & political commentary, Uncategorized
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