Homines libenter quod volunt credunt
Posted in Behavior on Mar 28th, 2008
Registar at Florida State charges professors $10 per late grade. I am a fan of using the price system to align incentives. However, I wonder what some of the unintended consequences of this policy might be? Especially when you are reading your 100th essay in a row on the same exact topic …
Posted in Price System on Mar 6th, 2008
The ever interesting Allen Sanderson on how incentives might be put to better use in the public spehere: if treasury Secretary Henry Paulson and Fed chairman Ben Bernanke were required to hold their entire wealth portfolios in the form of U.S. savings bonds, perhaps we’d see more balanced budgets and less inflation. Read more ideas […]