Showing posts with label incentives. Show all posts
Showing posts with label incentives. Show all posts
Thursday, October 21, 2010
Moral Hazard in the NFL
This article provides a good example of moral hazard through the recent issue of concussions in the NFL.
Monday, August 16, 2010
Incentives
"Most of economics can be summarized in four words: 'people respond to incentives'. The rest is commentary." - Steven Landsburg
Many times the two best words you can hear when you are apartment hunting (especially if you are a broke college student) are "utilities included". I can say from personal experience that it is awesome. People in New York City do too, but having utilities included in the rent may cause some unintended consequences.
Also, I found the quote above here amoung some great quotes about economics and government. Some of those quotes are from my new favorite POTUS.
Many times the two best words you can hear when you are apartment hunting (especially if you are a broke college student) are "utilities included". I can say from personal experience that it is awesome. People in New York City do too, but having utilities included in the rent may cause some unintended consequences.
Also, I found the quote above here amoung some great quotes about economics and government. Some of those quotes are from my new favorite POTUS.
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