Sunday, July 10, 2011

why there is more to the organization of economic activity than incentives, tradeoffs, and prices: dilbert edition

Dilbert knows that applying economic incentives in the workplace is not always best, thus calling into question the idea that "markets are usually a good way of organizing activity". Most often -- as is the case with work -- there are probably other, more effective methods for getting Dilbert and his coworkers to perform well.

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