Tag Archives: behavior

Passion vs. obsession – Day 110/139

Passion and obsession can be considered two sides of the same coin. Being passionate is about dedicating yourself to something. Being obsessive is about not dedicating yourself to anything else at all. Or well, obsession can surely be something, however small, that somehow controls your life.

Most people don’t appear obsessive.

I think most people have a collection of small obsessions that don’t appear on the outside but still control their lives. If you don’t have any obsessions and would like to try having one, keep reading. For everyone else:

If you don’t want another obsession STOP READING NOW! Reading forward will get you IRREVERSIBLY obsessed.

Ok. You were warned.

You are now playing the license plate game. Every time you see a license place you will pay attention to the number part. Your mission is to spot cars with each number from 1 to 999 in order.

You will remember this game every time you see a license plate.

If you forget where you were, you start over from the last number that you do remember for sure.

Best of luck with your new obsession. If this makes sense to you, there’s a club in Turku for people sharing your obsession.

Let me know if you see a 144.

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Incentives are wrong – Day 97/139

The world is run by incentives. If you want to understand the behavior of an individual or an organization you should look at their incentives.

Let’s look at the incentives of lost property offices in Finland

  1. If a person loses an item and somehow finds out the office where the object was taken, they are first charged 1,70 €/minute to call to confirm the object is there. If the item is found, you will pay the finder’s fee (10 % of the item’s value, up to 20 €). Other fees like storage fees may still apply (up to another 10 % of the item’s value). It is in the interest of the person to pay these fees probably up to about 75 % of the item’s current value if the other alternative is to buy a new item altogether. So they’re happy to pay. But the office only takes up to 20 % of the items value, so it’s a real bargain.
  2. If no one comes to collect an item that was delivered to the lost property office, they will auction it off. At the auction the office will get 100 % of the item’s current resale value.

What would you do?

Lets assume you are running a business where you have a fivefold incentive in not finding the owner of an item you have in storage. Would you try to find the owner knowing that even if you find him/her, you only lose money.

Can the incentives be changed?

Most people agree that it would be nice if you could get your stuff back without having to pay anything. The problem is that losing something happens so seldom that no one really has any incentive to do anything about it.

The incentives change automatically after enough people can agree that they are wrong. In our case that equals to the number of people who like FinderBase better.