June 2017: “Commitment Devices”

Title: Commitment Devices Activity: Use a commitment device to help achieve an important, difficult goal. Background: A commitment device is a tool set in place by individuals in the present to help their future selves achieve goals that otherwise would be difficult to accomplish. When talking about achieving goals, in economics we often refer to Time Inconsistency, a concept explaining... Continue Reading →

May 2017: “Making your Bed”

Title: Making your Bed Activity: Make your bed every morning Science: This simple task has been shown to have positive effects in three important aspects of well-being: happiness, sleep, and productivity. According to a survey of 68,000 people by Hunch.com, only 27% of people make their beds in the morning (59% of people don't make their beds and 12% pay... Continue Reading →

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