Carrots and Sticks book cover

Carrots and Sticks by Ian Ayres Summary

Carrots and Sticks
Ian Ayres
3.18 (400 Reviews)
Psychology
Self-growth
Business
Resumen
Puntos Clave
Autor
Preguntas Frecuentes

Overview of Carrots and Sticks

Discover why Ian Ayres' "Carrots and Sticks" revolutionized behavioral economics with its $3 million-backed commitment contracts. What if the secret to conquering procrastination isn't willpower, but cleverly designed incentives that make failure financially painful?

Similar books to Carrots and Sticks

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Puntos Clave

1

The Gap Between Knowing and Doing

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What's stopping you from becoming the person you want to be? It's probably not a lack of information. You already know smoking damages your lungs, that sugar spikes your insulin, that procrastination derails your goals. Yet here we are-knowing exactly what we should do, but somehow not doing it. This gap between intention and action has puzzled philosophers for millennia, but behavioral economics has finally cracked the code. The answer isn't more willpower or better information. It's changing the game entirely through commitment contracts-binding agreements that make your future self play by rules your present self creates. Consider Alex Moore, an MIT graduate who spent a decade artificially inducing sneezes by tickling his nose. Strange habit, sure-but what's stranger is that despite countless attempts to quit, he kept doing it. Finally, he tried something radical: he put $400 at risk that would go to an organization he despised if he sneezed artificially even once over eight weeks. The result? He broke his decade-long habit without losing a cent. This wasn't willpower-it was strategic self-binding, like Odysseus tying himself to the mast to resist the Sirens' call.

2

Why We Can't Trust Our Future Selves

3

When Penalties Become Prices

4

The Power of Loss and Public Shame

5

The Maintenance Problem Nobody Talks About

6

The Dark Side of Commitment

7

Building Your Own Commitment Machine

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Creado por exalumnos de la Universidad de Columbia en San Francisco

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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
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likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
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star
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star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
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12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
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star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
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"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
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"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
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201
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"It is great for me to learn something from the book without reading it."

@OojasSalunke
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"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
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37
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483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
platform
star
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"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn
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star
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star
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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
platform
comments
12
likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
comments
96
likes
4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
platform
star
star
star
star
star

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
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comments
201
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16

"It is great for me to learn something from the book without reading it."

@OojasSalunke
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star
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star
star
star

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
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comments
37
likes
483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
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star
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