Episode Highlights
Indian Railways and FCB India tackled rampant fare dodging by turning train tickets into lottery entries. This creative shift increased ticket sales by 34% and generated $685 million.
Research by Nina Mazar suggests that uncertain rewards are often more motivating than fixed discounts. In her study, people bought 43% more when offered a chance at a free item.
While lotteries are generally effective, massive prizes can backfire by creating suspicion. During COVID-19, large state lotteries failed to boost vaccine uptake due to seeds of doubt.
Resources & Useful Links
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