What kind of perverse incentives are you concerned with?
There are a huge number of potential perverse incentives idiosyncratic to the specific cases; again, I don’t think this is an issue where there’s a practical “general case” address.
If you want to ask me to, say, name a few specific cases, I could do that, but it should be with the understanding that they shouldn’t be taken as representative examples whereby, if we solve them, we can generalize those methods to all remaining perverse incentive scenarios. I can definitely think of examples off the top of my head that require neither the use of force of deception.
The government is also subject to some perverse incentives, some of which do not apply to markets, but in some cases it fares better because, while businesses are required to keep their own interests at the bottom line, and in some situations those interests can diverge significantly from those of their consumer base, the intended purpose of the government is to serve the populace.
This book has a reasonable concentration of examples of businesses operating under perverse incentives, but also some examples of free market enterprises offering services with higher costs and lower efficiency than government bodies offering the same services, and might be worthwhile food for thought.
Thanks for the link. Of course, I felt like it would be easiest to discuss some quick examples from your point of view, as I don’t want to mischaracterize you. But if you’d prefer not to that’s fine. As I said, I don’t want to get too far into political arguments anyway.
There are a huge number of potential perverse incentives idiosyncratic to the specific cases; again, I don’t think this is an issue where there’s a practical “general case” address.
If you want to ask me to, say, name a few specific cases, I could do that, but it should be with the understanding that they shouldn’t be taken as representative examples whereby, if we solve them, we can generalize those methods to all remaining perverse incentive scenarios. I can definitely think of examples off the top of my head that require neither the use of force of deception.
The government is also subject to some perverse incentives, some of which do not apply to markets, but in some cases it fares better because, while businesses are required to keep their own interests at the bottom line, and in some situations those interests can diverge significantly from those of their consumer base, the intended purpose of the government is to serve the populace.
This book has a reasonable concentration of examples of businesses operating under perverse incentives, but also some examples of free market enterprises offering services with higher costs and lower efficiency than government bodies offering the same services, and might be worthwhile food for thought.
Thanks for the link. Of course, I felt like it would be easiest to discuss some quick examples from your point of view, as I don’t want to mischaracterize you. But if you’d prefer not to that’s fine. As I said, I don’t want to get too far into political arguments anyway.