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The psychology of collecting is an area of study that seeks to understand the motivating factors explaining why people devote time, money, and energy making and maintaining collections. There exist a variety of theories for why collecting behavior occurs, including consumerism, materialism, neurobiology and psychoanalytic theory.
Bernard Arnault, CEO of luxury conglomerate LVMH, once said: “As long as I’m not the richest man in the world, I won’t really be happy.” Luckily for Arnault, with a net worth of $200 ...
“If you can’t make ends meet without relying on a credit card, you may be drowning in debt thanks to high interest fees,” said Woroch. “Making more money would alleviate the stress of this.”
When it comes to money, it always helps to take a step back, acknowledge your emotions and weigh the risks and rewards. Hear an expert's take on 8 common mindsets that could be holding you back ...
Drive: The Surprising Truth About What Motivates Us is a non-fiction book written by Daniel Pink. The book was published in 2009 by Riverhead Hardcover . It argues that human motivation is largely intrinsic and that the aspects of this motivation can be divided into autonomy , mastery , and purpose . [ 1 ]
In economics, the profit motive is the motivation of firms that operate so as to maximize their profits.Mainstream microeconomic theory posits that the ultimate goal of a business is "to make money" - not in the sense of increasing the firm's stock of means of payment (which is usually kept to a necessary minimum because means of payment incur costs, i.e. interest or foregone yields), but in ...
Motivation affects students' participation in classroom activities and academic success. Motivation plays a key role in education since it affects the students' engagement with the studied topic and shapes their learning experience and academic success. Motivated students are more likely to participate in classroom activities and persevere ...
Incentives are most studied in the area of personnel economics where economic analysts, such as those who take part in human resources management practices, focus on how firms make employees more motivated, through pay and career concerns, compensation and performance evaluation, to motivate employees and best achieve the firms' desired ...