Quotes About Incentives

In fact, if indicators are put in place, the competitive spirit engendered frequently has an electrifying effect on the motivation each group brings to its work, along with a parallel improvement in performance.

For Maslow, motivation is closely tied to the idea of needs, which cause people to have drives, which in turn result in motivation. A need once satisfied stops being a need and therefore stops being a source of motivation. Simply put, if we are to create and maintain a high degree of motivation, we must keep some needs unsatisfied at all times.

This book is about the endless dance between progress and inequality, about how progress creates inequality, and how inequality can sometimes be helpful—showing others the way, or providing incentives for catching up—and sometimes unhelpful—when those who have escaped protect their positions by destroying the escape routes behind them.

With Loopt Star, consumers get to tap interactive rewards wherever they may be.

The key to the generic-drug economic model is to keep entry prices low enough to attract multiple competitors.

I get a bit of a kick out of exporting private enterprise and incentives.

Incentive prizes work.

Producers shoot movies where the tax incentives are.

So many American and international producers want to shoot in the U.K. because of our crew base and tax incentives.

The world's industry must gain incentives to stop polluting and to invest in clean technologies.

Tax incentives might spur hiring in the short run, but how lasting are those gains if the jobs expire with the tax credits and they come at the expense of investing in the new technologies of the future?

Homo economicus would cheat only if he stood to benefit by enough and if the odds of being caught were sufficiently low. So the mere fact that he does not have a reputation for being a cheat tells us only that he's been prudent.

Human motivation is very complex. Most people don't really know why they do things.

Are people innately altruistic? is the wrong kind of question to ask. People are people, and they respond to incentives. They can nearly always be manipulated--for good or ill--if only you find the right levers.

I am sure it must be true that people opt out of the mainstream society because they feel that there are going to be no rewards for them, if they stay.

There are no consequences for poor work ethic and no rewards for good work ethic.

The incentives toward reactive ethnic voting are strong. When voters of one group choose, in effect, not to choose but to give their vote predictably on an ethnic basis to an ethnically defined party, they put voters of the other group who do choose among parties at a collective disadvantage. All else being equal, such voters will seek to reduce their disadvantage by concentrating their votes in a comparable ethnic party. In such a situation, ethnic votes tend to drive out nonethnic votes.

So Bush certainly wasn't the greatest, and Obama has not done the job. And he's created a lot of disincentive. He's created a lot of great dissatisfaction. Regulations and regulatory is going through the roof. It's almost impossible to get anything done in the country.

Commenting on an early paper by the Nobel laureate Gary Becker, the economist James Duesenberry famously quipped that "economics is all about choice, while sociology is about why people have no choices.

If it's true that bankers are paid too much, in other words, the solution is not to get into the messy business of regulating individual pay—as indeed the financial industry itself has argued. Instead, it is to make banking less profitable overall,

if we want to understand why people do what they do, we must understand the incentives that they face, and hence their preference for one outcome versus another. When someone does something that seems strange or puzzling to us, rather than writing them off as crazy or irrational, we should instead seek to analyze their situation in hopes of finding a rational incentive.

Life needs penalties and rewards for people. You can't control people with only penalties. You have to think how to create rewards.

I think, for OPEC, the main challenge is to have a price level which brings good profits to them, good incentives for the investments, but at the same time, to prevent prices going to very high levels.

When government gets out of the way, the people achieve great things because of the promise of great rewards.