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Luca Dellanna on Compulsion, Self-deception, and the Brain

EconTalk

Economists, Is It Important to Provide Incentives Early?

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Economists are big believers in incentives, right? We say when we raise a price, pepill do less of something. When we lower the price, people do more of something. A thoughtful economist knows that isn't just about money. What you're suggesting is that it's important to provide those incentives early. They should be emotional and not monitary.

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