Incentives Matter But So Does Context
December 10, 2016
Economist Steven Landsburg famously claimed that economics can be defined in two words: “incentives matter.” For Landsburg, all else is commentary. In a 2013 book entitled The Why Axis, Uri Gneezy and John List explore in detail how incentives matter. Characterizing economics as a behavioral science, they seek to understand what affects individual behavior based on … More Incentives Matter But So Does Context