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The Why Axis: Hidden Motives and the Undiscovered Economics of Everyday Life
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Published:
PublicAffairs 2013
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Description
Can economics be passionate? Can it center on people and what really matters to them day-in and day-out. And help us understand their hidden motives for why they do what they do in everyday life?
Uri Gneezy and John List are revolutionaries. Their ideas and methods for revealing what really works in addressing big social, business, and economic problems gives us new understanding of the motives underlying human behavior. We can then structure incentives that can get people to move mountains, change their behavior — or at least get a better deal.
But finding the right incentive can be like looking for a needle in a haystack. Gneezy and List's pioneering approach is to embed themselves in the factories, schools, communities, and offices where people work, live, and play. Then, through large-scale field experiments conducted "in the wild," Gneezy and List observe people in their natural environments without them being aware that they are observed.
Their randomized experiments have revealed ways to close the gap between rich and poor students; to stop the violence plaguing inner-city schools; to decipher whether women are really less competitive than men; to correctly price products and services; and to discover the real reasons why people discriminate.
To get the answers, Gneezy and List boarded planes, helicopters, trains, and automobiles to embark on journeys from the foothills of Kilimanjaro to California wineries; from sultry northern India to the chilly streets of Chicago; from the playgrounds of schools in Israel to the boardrooms of some of the world's largest corporations. In The Why Axis, they take us along for the ride, and through engaging and colorful stories, present lessons with big payoffs.
Their revelatory, startling, and urgent discoveries about how incentives really work are both revolutionary and immensely practical. This research will change both the way we think about and take action on big and little problems. Instead of relying on assumptions, we can find out, through evidence, what really works. Anyone working in business, politics, education, or philanthropy can use the approach Gneezy and List describe in The Why Axis to reach a deeper, nuanced understanding of human behavior, and a better understanding of what motivates people and why.
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Format:
Adobe EPUB eBook, Kindle Book, OverDrive Read
Street Date:
10/08/2013
Language:
English
ISBN:
9781610393126
ASIN:
B00BVTSBVO
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Citations
APA Citation (style guide)

Uri Gneezy. (2013). The Why Axis: Hidden Motives and the Undiscovered Economics of Everyday Life. PublicAffairs.

Chicago / Turabian - Author Date Citation (style guide)

Uri Gneezy. 2013. The Why Axis: Hidden Motives and the Undiscovered Economics of Everyday Life. PublicAffairs.

Chicago / Turabian - Humanities Citation (style guide)

Uri Gneezy, The Why Axis: Hidden Motives and the Undiscovered Economics of Everyday Life. PublicAffairs, 2013.

MLA Citation (style guide)

Uri Gneezy. The Why Axis: Hidden Motives and the Undiscovered Economics of Everyday Life. PublicAffairs, 2013.

Note! Citation formats are based on standards as of July 2022. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
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Can economics be passionate? Can it center on people and what really matters to them day-in and day-out. And help us understand their hidden motives for why they do what they do in everyday life?
Uri Gneezy and John List are revolutionaries. Their ideas and methods for revealing what really works in addressing big social, business, and economic problems gives us new understanding of the motives underlying human behavior. We can then structure incentives that can get people to move mountains, change their behavior — or at least get a better deal.
But finding the right incentive can be like looking for a needle in a haystack. Gneezy and List's pioneering approach is to embed themselves in the factories, schools, communities, and offices where people work, live, and play. Then, through large-scale field experiments conducted "in the wild," Gneezy and List observe people in their natural environments without them being aware that they are observed.
Their randomized experiments have revealed ways to close the gap between rich and poor students; to stop the violence plaguing inner-city schools; to decipher whether women are really less competitive than men; to correctly price products and services; and to discover the real reasons why people discriminate.
To get the answers, Gneezy and List boarded planes, helicopters, trains, and automobiles to embark on journeys from the foothills of Kilimanjaro to California wineries; from sultry northern India to the chilly streets of Chicago; from the playgrounds of schools in Israel to the boardrooms of some of the world's largest corporations. In The Why Axis, they take us along for the ride, and through engaging and colorful stories, present lessons with big payoffs.
Their revelatory, startling, and urgent discoveries about how incentives really work are both revolutionary and immensely practical. This research will change both the way we think about and take action on big and little problems. Instead of relying on assumptions, we can find out, through evidence, what really works. Anyone working in business, politics, education, or philanthropy can use the approach Gneezy and List describe in The Why Axis to reach a deeper, nuanced understanding of human behavior, and a better understanding of what motivates people and why.
reviews
      • premium: True
      • source: Publisher's Weekly
      • content:

        Starred review from August 26, 2013
        Gneezy and List, economists at U.C. San Diego and the University of Chicago, respectively, specialize in ingenious “field experiments” that elucidate the workings of social psychology and decision making: from a ball-tossing game that exposes the social pressures that make women shy away from competition, to role-playing skits that tease out the subtleties of discrimination at car dealerships. There are some less-groundbreaking findings—men, it seems, give more money to door-to-door fundraisers if they are attractive females—but also many counterintuitive insights: it’s possible to boost sales of a wine by raising its price; increase charitable giving by letting prospects opt out of solicitations; and even raise profits by letting customers pay whatever they want for a product. Writing in the Freakonomics vein of breezy pop-econ (Steven Levitt provides the foreword), Gneezy and List assert that “self-interest lies at the root of human motivation,” but it’s a self-interest broadly conceived to include the “warm glow” of philanthropic sacrifice and readily influenced by the unobtrusive policy nudges they suggest. The authors’ lucid, engaging exposition of thought-provoking research spotlights some of our more perverse promptings—and their underlying logic. Photos. Agent: Levine Greenberg Literary Agency.

      • premium: True
      • source: Kirkus
      • content:

        September 15, 2013
        More fun, Freakonomics-style stories about why people do the things they do. In this debut, Gneezy (Behavioral Economics/Univ. of California, San Diego) and List (Economics/Univ. of Chicago) draw on 20 years of pioneering field research to explain human motivations. Conducting randomized experiments that examine people's behavior in the real world, they have explored "the real underbelly of human motivation" behind problems in such areas as education, discrimination and gender equity. Their informative stories about the behavior of people in real-life situations discuss their fascinating discoveries: Most modern-day discrimination stems from people or companies trying to increase their profits. Women earn less because of deeply held cultural worldviews. Financial incentives help underachieving school kids get higher grades. Donors give money mainly to feel good about themselves. In sum, write the authors, "self-interest lies at the root of human motivation--not necessarily selfishness, but self-interest." Once one understands what people value (money, relationships, praise, etc.), it should be possible to help close the achievement gap in schools, get donors to give more money, and so on, by designing incentives that work to change behavior. Gneezy and List offer illuminating discussions on many topics, from the differences between animus-based and economic discrimination to how women can grow up to be more competitive and close the gender gap in the labor market. Their book brims with stories of the Chicago public schools, the matrilineal society of the Khasi tribal people, and the thinking behind charitable appeals to help children with cleft palates, among others. Weak title aside, this book will interest general readers as well as individuals and companies seeking to influence behaviors.

        COPYRIGHT(2013) Kirkus Reviews, ALL RIGHTS RESERVED.

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Can economics be passionate? Can it center on people and what really matters to them day-in and day-out. And help us understand their hidden motives for why they do what they do in everyday life?
Uri Gneezy and John List are revolutionaries. Their ideas and methods for revealing what really works in addressing big social, business, and economic problems gives us new understanding of the motives underlying human behavior. We can then structure incentives that can get people to move mountains, change their behavior — or at least get a better deal.
But finding the right incentive can be like looking for a needle in a haystack. Gneezy and List's pioneering approach is to embed themselves in the factories, schools, communities, and offices where people work, live, and play. Then, through large-scale field experiments conducted "in the wild," Gneezy and List observe people in their natural environments without them being aware that they are observed.
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