Mechanism design

Perverse incentive

A perverse incentive is an incentive that has an unintended and undesirable result that is contrary to the intentions of its designers. The cobra effect is the most direct kind of perverse incentive, typically because the incentive unintentionally rewards people for making the issue worse. The term is used to illustrate how incorrect stimulation in economics and politics can cause unintended consequences. (Wikipedia).

Perverse incentive
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Bad Policies- Econ in Real Life

What happens when good ideas meet unintended consequences? The answer, perverse incentives. This is a quick list of some of the worst polices in modern times. They are not in any particular order and I obviously left out a bunch of other examples. Also, some policies weren’t all that bad,

From playlist Econ in Real Life

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Daniel Keniston: Reforming police departments and deterring drunk driving in India

Professor Keniston's research focuses largely on the role and structure of markets in developing countries, with other interests in governance, technology adoption, and economic history. We talk with him about two recent studies he's conducted in India on reforming police departments and d

From playlist The MacMillan Report

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#5 Limit orders as makers | Trading on Coinbase Pro - GDAX

In this video, let's look at the next two limit order configurations. We are ready to move to the buy-buy and the sell-sell permutations. With these two configurations, we will see how makers come to be. Since the order side and the limit price are on the same side, these particular config

From playlist Trading - Advanced Order Types with Coinbase

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Adding and Deleting Users on a Perforce Server

In this video we show how to add and delete users from a Perforce server. Additional videos in this series: -Getting Started with Perforce and P4V (https://youtu.be/Yvgxx2vwsRY) -Basic Operations with Perforce (https://youtu.be/_5_LK_0H22I) -Modifying a Perforce Workspace (https://youtu.b

From playlist Working with Perforce and P4V

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Why Snitches Get Stitches

Download Fishing Clash on your iOS/Android device for free: https://fishingclash.link/Vsauce2 Use my gift code VSAUCE2 to get an awesome reward for a total value of $20, and share your biggest catch in the pinned comment! Support Vsauce2: https://www.patreon.com/Vsauce2 From career mafi

From playlist Data Science

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When business goals backfire: How to adjust to unintended consequences | Big Think

When business goals backfire: How to adjust to unintended consequences New videos DAILY: https://bigth.ink Join Big Think Edge for exclusive video lessons from top thinkers and doers: https://bigth.ink/Edge ----------------------------------------------------------------------------------

From playlist Best Videos | Big Think

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Updating the License on a Perforce Server

In this video we show how to easily update the license file on a Perforce server. You can use this technique if your license has recently expired and you need to install a new license. Additional videos in this series: -Getting Started with Perforce and P4V (https://youtu.be/Yvgxx2vwsRY)

From playlist Working with Perforce and P4V

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Disruption - Seminar 7

The seventh in the seminar series on the science of disruption in technology organised by Adam Dorr. This week we just had some broad discussion about International Energy Agency projections and RethinkX. You can join this seminar from anywhere, on any device, at https://www.metauni.org.

From playlist Disruption seminar

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What is the Multiplicative Inverse of a Mixed Number?

What is the Reciprocal of a Mixed Number? If you enjoyed this video please consider liking, sharing, and subscribing. Udemy Courses Via My Website: https://mathsorcerer.com My FaceBook Page: https://www.facebook.com/themathsorcerer There are several ways that you can help support my ch

From playlist Reciprocals

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The Power of Incentives - How Games Help Us Examine Our World - Extra Credits

Games are uniquely suited as a medium to teach us about how our world works. By emulating incentive systems and allowing the player to explore and make their own mistakes, games can change people's minds - in some cases, better than a sermon or lecture on the subject could. As a medium, ga

From playlist Extra Credits (ALL EPISODES)

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How it Happened - The 2008 Financial Crisis: Crash Course Economics #12

Today on Crash Course Economics, Adriene and Jacob talk about the 2008 financial crisis and the US Goverment's response to the troubles. So, all this starts with home mortgages, and the use of mortgages as an investment instrument. For years, it seemed like the US housing market would go u

From playlist Economics

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Famous Paradoxes and Dilemmas

Enjoying the lectures? Come join Prof. Ayres' on Coursera! Enrolling in his course will allow you to join in discussions with fellow learners, take assessments on the material, and earn a certificate! Link - https://www.coursera.org/learn/law-student Whether you are an advanced law studen

From playlist A Law Student's Toolkit

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Episode 30A: Collusion

Why do firms collude, and why is this behavior inherently unstable? "EPISODE 30A: Collusion" by Dr. Mary J. McGlasson is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.

From playlist Microeconomics modules

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Interview with Andreas M. Antonopoulous

Full Documentary will be released on July 14th. available now here: https://vimeo.com/ondemand/bitcoin and for Bitcoins at TheProtocol.TV and download with bonus features (legally) as BitTorrent Bundle. This is the uncut interview with Andreas recorded in Toronto 2014. Sorry for the bad

From playlist Interviews and Shows

Related pages

Social trap | Tragedy of the commons | Unintended consequences | Moral hazard