Your team is facing conflicts. How can you use behavioral economics to promote collaboration?
When your team is mired in conflict, it can feel like an insurmountable hurdle. However, by leveraging the insights of behavioral economics, you can steer the group towards more collaborative efforts. Behavioral economics, a field at the intersection of psychology and economics, examines how individuals make decisions and how these decisions can be influenced. Understanding the biases and heuristics that often lead to conflict can provide you with the tools to promote harmony and collaboration within your team.