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

We would create incentives for securitization.

The reason for this is incentives.

For once, your incentives are aligned.

Rules and incentives are no substitutes for wisdom.

The second tool we reach for is incentives.

For simple, straightforward tasks, those kind of 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.

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

So those are real good incentives.

Higher incentives led to worse performance.

This shows the power of incentives.

So there's deep lessons for us about the nature of incentives and success.

That is to say, it creates people who only do things for incentives.

They had deployed all the right incentives,

He was incensed by their lack of incentives.

Understand, however complex we may be, incentives matter.

But their incentives are a little bit strange.

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

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.

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

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

And it actually took being a journalist to understand all these incentives.

For simple straight forward tasks, those kind of incentives if you do this then you get that... they are great.

Local communities need to be more involved in establishing the criteria for recruiting participants in clinical trials, as well as the incentives for participation.

So the incentives are much larger to produce drugs which treat more people.

That can't keep going on, because economic incentives and disincentives are very powerful.

The truth is that neither rules nor incentives are enough to do the job.

But excessive reliance on incentives demoralizes professional activity in two senses of that word.

Now this is not a problem of resources this is a problem of incentives.

We find that financial incentives can result in a negative impact on overall performance.

So it has neither the resources, nor the incentives, to hook up many other users.

You know, economists like to say, there are no bad people, there are just bad incentives.

Since you have to pay for the nurse anyway, the cost per immunization ends up being cheaper if you give incentives than if you don't.

We need to invest in real solutions incentives for farmers, precision agriculture, new crop varieties, drip irrigation, gray water recycling, better tillage practices, smarter diets.