Incentives and Regulation
Jules and Jonathan explore the challenges of regulation in the face of overwhelming human capital dedicated to circumventing rules. They emphasize that simply trying to block every potential loophole is futile; instead, focusing on adjusting incentives can lead to more effective outcomes. By aligning incentives with desired behaviors, the path to achieving goals becomes more natural and efficient.In this clip
From this podcast
All Else Equal: Making Better Decisions
Ep51 Celebrating 50 Episodes: The Biggest All Else Equal Mistakes
Related Questions