Economics

"Even well-designed incentives can fail due to unintended side effects. To be effective, incentives should be optimized for Measurable, Attainable, Unambiguous, and Worthwhile (MAUW) outcomes, while also penalizing attempts to cheat."

Inspired by Superfreakinomics

by Steven Levitt

Reflection

How have you seen a well-intentioned incentive lead to an unexpected and negative behavior?

Economics Insight by Steven Levitt | InspirU