Why You Should Bribe Your Kids: A New Freakonomics Radio Podcast
This week’s episode is called “Why You Should Bribe Your Kids.” (You can subscribe to the podcast at iTunes, get the RSS feed, or listen via the media player above. You can also read the transcript, which includes credits for the music you’ll hear in the episode.)
Let’s say you’re trying to get a bunch of kids to eat more nutritious food. What’s the best way to do this — education, moral urging, or plain old bribery? That’s one of the questions that a pair of economists set out to answer in a recent field experiment in Chicago. In this podcast, you’ll hear from both of them: John List, a University of Chicago professor (and co-author of The Why Axis who’s familiar to readers of this blog); and Anya Samek, who teaches at the University of Wisconsin-Madison.
They tried several methods to see what would make kids choose fruit over a cookie. One trick, Samek tells us, easily beat the rest:
SAMEK: It actually works every time. So we come in five times and every time we have these really high rates of selection of the fruit.
The conversation then broadens, addressing the fact that so many people — kids and adults — have a hard time making good short-term decisions that will have a long-term benefit. As List puts it:
LIST: The general point here about all of this is that you have many problems where what you do now affects what happens later, and usually we choose the easier decision or the easier action now. You think about savings for retirement, you think about getting doctor check-ups, you think about going to school, you think about engaging in risky behaviors, you think about adopting green technologies for our houses. In all of these cases we usually choose the bad action. And that action is to do what’s best for us now to the detriment of the future, to the detriment of our future self. And nutritional choices right now are just one of these elements that we face in society where we need kids to recognize the choice that you make now will critically affect your outcome in the future.