For questions relating to mechanisms that modulates behavior, either as an initiator, limiting influence, or sustainer.

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4
votes
4answers
174 views

What is a good book for studying incentives?

I am looking for a book, which gives a broad overview of all the main theories regarding incentives. Using this book, I would like to further my understanding of things like: Why slot machines ...
28
votes
2answers
475 views

Do students exhibit rational behavior in determining study time?

While I teach some economics classes, I must admit to near complete ignorance on the optimization processes students undertake when studying. We often say that the "best" students are those who earn ...
8
votes
3answers
52 views

How can you limit excessive risk-taking at the institutional level?

Some firms have a compensation structure that encourages risk-taking while insulating employees from the bad consequences of their decisions. This creates the potential for moral hazard. I started ...
19
votes
2answers
957 views

Are autonomy, mastery, and purpose the most important motivators?

I've watched the amazing TED talk where Daniel Pink lays out the contrarian notion that greater extrinsic motivators are unimportant (and sometimes detrimental) in comparison to three intrinsic ...