Saturday, January 23, 2010

Incentive structures of Economic Systems

I found this article to be one particularly pertaining to the incentive structure of economic systems. This is a particular strong example and I believe it to be one that shows the changing dynamics of capitalism in the U.S. As the article mentions, for some, Idaho power's choice to pay customers to not use power may seem a bit crazy, but it is working in Idaho! After all, people respond to incentives!

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