Related topics: brain

Consumer Psychologist Examines Effectiveness Of Reward Programs

(PhysOrg.com) -- Rewards programs. Everyone is doing them — airlines, casinos, airlines, hotels and grocery chains — all with the intent to build customer loyalty.  Everybody has one, and nobody knows what it does for ...

How the carrot approach facilitates learning

People who are rewarded for making correct decisions learn quickly. While the "carrot" approach may produce favourable results, little is understood about how rewards facilitate the learning process.

Online finances in a pandemic

The COVID-19 pandemic has wrought tragedy, social and economic decline. However, humanity is finding ways to adapt to the so-called "new normal" in terms of health care, society, business, and finance. Writing in the International ...

Saving fuel on the buses

Bus and truck companies could cut their fuel bills by more than 7% simply by training their drivers on more efficient driving techniques and offering a financial reward to those who improve fuel economy. A study published ...

Phone app fights distracted driving with rewards

(AP) -- Having trouble leaving the cell phone alone while you're driving, even though it could get you and bystanders killed? Now, there's an app for that - with cash rewards for resisting the phone.

Study: Ministers paid to poach other flocks

(PhysOrg.com) -- Members of the clergy may answer to a higher power, but new research suggests they respond to the invisible hand of the market as well. A study published in the Journal of Labor Economics finds that Methodist ...

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