Economic Psychology

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Economic Psychology

How and why markets aren't rational. Navigational tips for charting the Bermuda Triangle of human economic behavior.

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Worker Autonomy
It should come as no surprise that greater autonomy* leads to greater worker productivity and satisfaction, especially when the type of work is complex or requires more creativity. Yet, in my experience, it is something that few managers are willing to grant. In this fascinating, nuanced article, Rick Nauert PhD describes research conducted by two professors at Concordia University in Montreal, CA. Among other things, the article discusses what autonomy means in different cultures.

A must-read for anyone who cares about effective management and/or working well with people from across the globe.

* Definitions, cobbled together from various dictionaries: immunity from arbitrary exercise of authority, freedom to act independently based on one’s own judgment; the right or power to govern oneself.