Before Quote by Daniel Goldstein
“I was creating commitment devices of my own long before I knew what they were. So when I was a starving post-doc at Columbia University, I was deep in a publish-or-perish phase of my career. I had to write five pages a day towards papers, or I would have to give up five dollars.”
About This Quote
Source Interview: Podcast on Behavioral Economics, 2019
He used personal incentives to motivate work before knowing the term "commitment devices".
In simple terms: He set up personal penalties to stay productive.
Create self‑imposed stakes to drive action.
Themes
Mood
Type
When to use this quote
- academic writing
- research deadlines
- personal goal setting
Key Concepts
Questions to Reflect On
- What personal stakes could you set to improve a habit?
- How do you ensure penalties stay motivating, not punitive?
Self‑imposed penalties may cause stress or burnout if not balanced.