Part of Alan Greenspan’s apology was that his biggest mistake was to believe that’s true.
Organisations are structured in a way to incentivise behavior that benefits them but nobody gets a promotion as a police officer because his superiors think he advanced the interest of the police by getting the population to be more afraid.
Part of Alan Greenspan’s apology was that his biggest mistake was to believe that’s true.
You are mistaken. It is true that organization’s incentives are always transmitted to the individuals within it. What is not true is that those are the only incentives which these individuals have.
Part of Alan Greenspan’s apology was that his biggest mistake was to believe that’s true. Organisations are structured in a way to incentivise behavior that benefits them but nobody gets a promotion as a police officer because his superiors think he advanced the interest of the police by getting the population to be more afraid.
You are mistaken. It is true that organization’s incentives are always transmitted to the individuals within it. What is not true is that those are the only incentives which these individuals have.