Friday, September 10, 2010

Incentives Matter

Finally, here is something from the Incentives Matter Department. It seems that prices affect behavior. (Who would have guessed?) First, prices can lead to more crime. (HT to Division of Labour)

And second, according to this piece from Planet Money, prices can improve treatment of passengers. Who would have thought that prices can be such powerful messengers?

1 comment: said...

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