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"once a useful number becomes a measure of success, it ceases to be a useful number" Two other unintended consequences of incentives I learned in economics: 1
by tppiotrowski 6y ago
"once a useful number becomes a measure of success, it ceases to be a useful number"
Two other unintended consequences of incentives I learned in economics:
1. Increasing fuel efficiency does not reduce gas consumption. People just use their car more often.
2. Asking people to pay-per-bag for garbage pickup resulted in people dumping trash on the outskirts of town.
Edit:
Did more research after downvote. Definitely double check things you learn in college
1. The jury is still out: https://en.wikipedia.org/wiki/Jevons_paradox https://en.wikipedia.org/wiki/Jevons_paradox
2. Seems false https://en.wikipedia.org/wiki/Pay_as_you_throw#Diversion_effects_and_risks https://en.wikipedia.org/wiki/Pay_as_you_throw#Diversion_eff...