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Don Cox on the Economics of Parenting

EconTalk

Incentives - The Buzzword Incentive Compatibility

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The idea here is on the higher indifference curve. The idea is that if you're going a lot of times as parents, we want our kids to do something that they're not so weaker to do. Let's make it a little easier for them to choose these are the right path of the path that we desire. We hope that the same thing.

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