“No-one makes money from YouTube videos, from MySpace. You don’t make any money from contributing a Wikipedia-entry. So, something has clearly changed. We thought you had to pay people to write for encyclopedia, and now they’re doing it for free. Why would they do that? The answer is that there is an other currency, not just money, but reputation.”
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Nudge: Improving Decisions About Health, Wealth, and Happiness
by Richard H. Thaler
52 customers reviewed this article averaging 4.0
Isbn-13: 9780300122237
Every day, we make decisions on topics ranging from personal investments to schools for our children to the meals we eat to the causes we champion. Unfortunately, we often choose poorly. The reason, the authors explain, is that, being human, we all are susceptible to various biases that can lead us to blunder. Our mistakes make us poorer and less healthy; we often make bad decisions involving education, personal finance, health care, mortgages and credit cards, the family, and even the planet itself. Thaler...
