I got home from INFORMS 2010 yesterday. It was a good conference. I learned a lot and met some interesting people, but I’m glad to be home.
On Tuesday evening, I met Kay-Yut Chen. He’s an economist at HP Labs, and he wrote a book called Secrets of the Moneylab:
Secrets of the Moneylab offers practical lessons being put to use right now at HP and other leading companies. It explains, for instance, how to:
- Use incentives to influence employees, suppliers, and buyers
- Determine whom to trust, and how much
- Reduce the negative effects of irrational behavior by noticing patterns that don’t seem logical—but are utterly predictable
- Overcome the human tendency to game the system
- Profit from motives beyond money
I’m looking forward to reading it. While I’m guessing it’s directed at a firm’s management, I’m sure it will be interesting.