Archive for June 30th, 2016

The Trouble With Perverse Incentives


Thursday June 30th, 2016   •   Posted by Craig Eyermann at 6:26am PST   •   0 Comments

The existence of perverse incentives explain a lot of the bad behavior that we see among government bureaucrats. A perverse incentive can be said to exist whenever an incentive to achieve a specific goal instead creates an unintended and undesirable result, which is often entirely contradictory to the intentions of the people who created...
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