1. Dan Ariely suggested that bonuses should be based on an average of the previous five years...
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1. Dan Ariely suggested that bonuses should be based on an average of the previous five years’ performance. Explain why this might lead to better performance than a simple annual bonus.
2. In Chapter 6 we identified specialisation and division of labour as a source of economies of scale. How might this principle be altered if we care about the finished product of our labour?
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