Incentives and Bus Drivers
Michael Munger discusses the fascinating natural experiment of changing incentives for bus drivers in Chile and the unintended consequences that arose. From accidents and fatalities to the belief that removing the market would lead to a change in behavior, Munger explores the complex dynamics of incentives and their impact on driver performance.In this clip
From this podcast
EconTalk
Michael Munger on the Political Economy of Public Transportation
Related Questions
Is monetary gain the only motivation for people in their careers, as discussed in the episode Michael Munger on Love, Money, Profits, and Non-profits and the clip Love vs. Money, as well as in the episode 2: Rob Weinhold | The Art of Crisis Leadership and the clip Motivators of Bad Deeds?
Is monetary gain the only motivation for people in their careers as discussed in the episode Michael Munger on Love, Money, Profits, and Non-profits and the clip Love vs. Money, as well as in the episode 2: Rob Weinhold | The Art of Crisis Leadership and the clip Motivators of Bad Deeds?
Is monetary gain the only motivation for people in their careers, as discussed in the episode Michael Munger on Love, Money, Profits, and Non-profits and the clip Love vs. Money, as well as in the episode 2: Rob Weinhold | The Art of Crisis Leadership and the clip Motivators of Bad Deeds?