We would create incentives for securitization.

Fix the incentives, fix the incentives, fix the incentives ...

Rules and incentives

Get smarter incentives.

But this is a problem of just incentives, just incentives.

And incentives not just material, but also non material incentives.

Now, how about incentives?

They have these incentives.

You need to have incentives.

No. We could offer incentives.

You can maybe create incentives for investment etc, etc, but we'll talk about that in a future video.

We can create these local markets and incentives for recycled materials to be used as raw materials for manufacturing.

The reason for this is incentives.

For once, your incentives are aligned.

So those are real good incentives.

Higher incentives led to worse performance.

This shows the power of incentives.

They had deployed all the right incentives,

He was incensed by their lack of incentives.

Rules and incentives are no substitutes for wisdom.

The second tool we reach for is incentives.

Understand, however complex we may be, incentives matter.

For simple, straightforward tasks, those kind of incentives,

But their incentives are a little bit strange.

When you try to solve really complex social problems, the right thing to do is most of the time to create the incentives.

We need incentives. People have to make a living.

But anyway, maybe I'll make another video on incentives.

So, creativity counts, knowledge matters, innovations transform, incentives inspire.

It creates people when you manipulate incentives to get people to do the right thing it creates people who are addicted to incentives.

And, again, it's because of an alignment of the incentives.

Create...

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Create

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Create

Create

I respect that. Create, honey, create!

Lastly and most important, we rely on extrinsic incentives for learning.

We need to remove the perverse incentives to use more fuel.

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