M |
Messenger |
We are heavily influenced by who conveys the information |
I |
Incentives |
People respond to incentives, and in particular they exhibit loss aversion |
N |
Norms |
People are influenced by their perception of what others do |
D |
Defaults |
People are heavily influenced by default options |
S |
Salience |
People are particularly influenced by incentives that are visible and new |
P |
Priming |
People can be influenced by subconscious cues |
A |
Affect |
Emotions shape decisions |
C |
Commitment |
People with time-inconsistent preferences may seek pre-commitment devices |
E |
Ego |
People prefer to act in ways that make them feel better about themselves |