It’s not all about incentives. Incentives matter. Incentives are one of the key lessons of economics. People don’t just act, they act for reasons. It’s not Brownian buying & selling & inventing & marketing. & cheating & conniving & colluding for no reason at all.
Incentives Change Marginal Behavior
It’s not all about incentives. Incentives matter. Incentives are one of the key lessons of economics. People don’t just act, they act for reasons. It’s not Brownian buying & selling & inventing & marketing. & cheating & conniving & colluding for no reason at all.
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