IEB has a classic post based on Game Theory - explaining how expectations affect results... some quotes:
I had once written similarly, though from a different perspective. But the essence was the same - you are what you believe to be - so the essence to success is to raise your mental bar first!We behave to a large extent on how others expect us to behave.
People expect trash on the streets in India. That is they expect others to throw trash. That expectation allows them to feel free to add their own (small amount of) trash. Aggregated over many people over an extended period of time, the trash accumulates as the expectation itself gets reinforced. Eventually you have Singapores and Mumbais.
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