Monthly Archives: March 2010

A good example of the importance of incentives

Posted on 2010/03/24 by Dimitrios Diamantaras

Well, make this a bad example if you must. It is an example of bad incentives that produce bad outcomes. I am referring to the article by Bebchuk, Cohen, and Spamann in the Project Syndicate web site, in which the … Continue reading →

Posted in Mechanism Design, Motivation | Leave a comment

The degradation of US democracy

Posted on 2010/03/03 by Dimitrios Diamantaras

Read this post by Daniel Little and weep. If you care about democracy and the public good, that is. This kind of thing is a main reason that standard economics has done a serious disservice to humanity by emphasizing the … Continue reading →

Posted in Political Economy, Public Economics | Leave a comment