Sunday, November 20, 2011

" Choice architects let's be careful out there"

".. when economists discuss incentives, they should broaden their focus.
 A considerable and growing body of evidence suggests that the effects of incentives
depend on :

how they are designed,

 the form in which they are given
(especially monetary or nonmonetary),

how they interact with intrinsic motivations and social motivations,

and

what happens after they are withdrawn.

 Incentives do matter, but in various and sometimes unexpected ways."


-----------------------------------------------------
nudegenomics 101

"choice archetects"  marvelously horrid  term eh ???