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Nice. Along similar lines, I believe that individuals can make decisions that go counter to the incentives provided to them. But, when you take an aggregate o
by johnvschmitt 13y ago
Nice.
Along similar lines, I believe that individuals can make decisions that go counter to the incentives provided to them.
But, when you take an aggregate of thousands or more of individuals, you can often predict accurately that the aggregate behaviors will align with the incentives in the system.
You'll find where there is accountability & consequences & FEEDBACK, then things improve.
This article is just one dimension of that larger concept on feedback & incentives.
- Retric 13y agoFEEDBACK is always there it is not always positive. I have had two jobs where I stared out working Stupid hard, never did not get a reasonable pay raise and quickly became unmotivated.