Prospect theory explains how decision making is influenced by risk


Mastery is one of three important human motivators that the psychologist Daniel Pink outlines in his book Drive. Mastery is a powerful motivator because of the desire to improve ourselves and be challenged, but also to get into a flow state of mind where we become consumed by an activity. A study of 11,000 industrial scientists and engineers in the US found that the desire for intellectual challenge was the best predictor of productivity. See also autonomy and purpose.



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