“Incentives matter” is the most central lesson of economics. And they matter no matter what kind of social activity you examine or which level of the economy you study. Economists used to believe that ...
Perhaps the best bumper sticker for economics is: Incentives matter. This insight is vital in thinking about behavior, including how for-profit and not-for-profit firms operate. Here is an example ...
“Incentives matter” is the most central lesson of economics. And they matter no matter what kind of social activity you examine or which level of the economy you study. Economists used to believe that ...
“Incentives matter” is the most central lesson of economics. And they matter no matter what kind of social activity you examine or which level of the economy you study. Economists used to believe that ...