Core Insights: Behavioural Science
Warwick Business School's Core Insights team presents a 12-part series on behavioural science. Warwick Business School has the biggest group of behavioural science researchers in Europe. Over 12 episodes host Trevor Barnes interviews academics on the latest research and thinking into how our mind works, how we make decisions, the biases and heuristics that govern our behaviour and how we can apply behavioural science insights to help improve business, government, health and society.
Core Insights: Behavioural Science
Does giving workers a pay rise lead to greater productivity?
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Warwick Business School
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Season 1
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Episode 4
Andrea Isoni, Professor of Behavioural Science, joins Core Insights host Trevor Barnes to discuss the conundrum of pay rises. Professor Isoni has used game theory to examine how pay rises are actually reciprocated by employees. For many bosses giving workers a pay rise is seen as an act of kindness that they expect to be reciprocated by more effort. But Professor Isoni details the scenarios that show this is rarely the case. Read more on it all here.