Incentives and Behavior
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Questions and Answers

What are incentives used for?

  • To decrease effort
  • To discourage certain behaviors
  • To reduce performance
  • To influence certain desired behaviors (correct)

    • Incentives can be broadly broken down into which two categories?

  • Positive and Negative
  • Intrinsic and Extrinsic (correct)
  • Financial and Non-financial
  • Direct and Indirect

    • What is the relationship between incentives and performance according to the 'law of behavior'?

  • Higher incentives lead to higher performance (correct)
  • Higher incentives lead to lower performance
  • Lower incentives lead to higher performance
  • There is no relationship between incentives and performance

    • Who most studies incentives?

    <p>Economic analysts</p> Signup and view all the answers

    What is a common method used by firms to motivate employees?

    <p>Increase performance evaluation</p> Signup and view all the answers

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