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Do Incentives Matter for the Economy? - Learn Liberty

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Published on Jun 21, 2011

According to Prof. Angela Dills, incentives are important and help economists predict individual behavior.Learn more: http://bit.ly/1HVAtKP. Recognizing that incentives matter is fairly straightforward. What's difficult is determining all the different ways a policy might affect people's incentives and change people's behavior. A good economist looks not only at the obvious incentives created by a particular policy, but also looks for the less obvious incentives and effects.

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