3 ms·
“ how can we design new systemic incentives to avoid repeating such mistakes?” I don’t think you’ll like the answer here. Financial incentives have been known
by andreilys 6y ago
“ how can we design new systemic incentives to avoid repeating such mistakes?”
I don’t think you’ll like the answer here.
Financial incentives have been known to cause perverse outcomes where moral hazards occur more often than not. I think financial incentives work well in a lot of cases, but healthcare and media have been so perverted by financial interests it’s become untenable.