The Introduction How People Respond to Incentives

There are incentives in all aspects of our lives, such as, home where you do your chores and get rewarded, or at work when you do extra jobs to get a promotion or raise, or at school where you do some extra credit for a better grade. As economist Steven Landsburg writes in The Armchair Economist (1991, p 3), “Most of economics can be summarized in four words: ‘People respond to incentives. ’ The rest is commentary.

” People care about their employers, but they also care about their families, hobbies, gardens, and churches, which for the most part is why the incentives work so well.People respond to incentives differently. Take for example the professional athlete, who loves their team and talks about giving “110 percent” also loves their families, favorite charities, and their different vacation homes. Even the true dedication that they have for the sport comes with incentives, such as earning an extra $100,000 for rushing more than 1000 yards in a season, or $300,000 for being on the Is this Essay helpful? Join OPPapers to read more and access more than 325,000 just like it! GET BETTER GRADES roster for at least for 14 games.Coaches have different incentives, their main objective is to have the best team, but also receive $75,000 extra if at least 75 percent of his senior players graduate. Also if there aren’t any legal and NCAA infractions they receive $50,000 each year. There are bonuses for good grades, but coaches don’t shorten practices to extend study time, that is where incentives kick in, “You look at the proportional size of each bonus, and it’s not very hard to see where, over the long term, the priority and focus are going to be.

  They would rather rewrite a contract on an athlete than change the practice time than to allow them to succeed academically. Incentives drive markets. If people are using a product and the price goes way high, then their incentive is to search for something with the same effect but a lower price. Such as whale oil that people used, until it became too expensive then they turn to an alternative and started using rock…

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyHomeworkGeeks
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Business and administrative studies
Excellent work ,always done early
Customer 452773, February 21st, 2023
Impressive writing
Customer 452547, February 6th, 2021
Business and administrative studies
Customer 452773, March 3rd, 2023
English 101
great summery in terms of the time given. it lacks a bit of clarity but otherwise perfect.
Customer 452747, June 9th, 2021
Business and administrative studies
Thank you for your hard work and help
Customer 452773, February 21st, 2023
Looks great and appreciate the help.
Customer 452675, April 26th, 2021
Business and administrative studies
Customer 452773, February 23rd, 2023
Thank youuuu
Customer 452729, May 30th, 2021
Thank you!
Customer 452545, February 6th, 2021
Business and administrative studies
always perfect work and always completed early
Customer 452773, February 21st, 2023
Social Work and Human Services
Although it took 2 revisions I am satisfied but I did receive it late because of that.
Customer 452603, March 25th, 2021
Business and administrative studies
excellent work
Customer 452773, March 9th, 2023
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Sometimes it is hard to do all the work on your own

Let us help you get a good grade on your paper. Get professional help and free up your time for more important courses. Let us handle your;

  • Dissertations and Thesis
  • Essays
  • All Assignments

  • Research papers
  • Terms Papers
  • Online Classes


eskişehir escort
- Korsan taksi Antalya


eskişehir escort
- Korsan taksi Antalya