What Do Schoolteachers And Sumo Wrestlers Have In Common?

1177 words - 5 pages

Consumers are motivated to spend more when there are incentives present in the form of discounts and special promotions. Their satisfaction in spending less to buy a desired item indicates how incentives work by influencing an individual’s decision making ability. The fact that the item was on a discount enabled the individual to buy it as the reduction in the price of the item was a strong economic incentive. The concept of incentive is present in an everyday life situation as it basically impacts the actions of every individual. Incentives are efficient tools used to manipulate the human behaviour in order to achieve desired outcomes. However, it is deniable that incentives deliver the expected results all the time. Incentives do not always achieve its’ goals. This essay argues about the flaws in incentives due to the nature of incentives itself, discusses the effect of incentives that encourage cheating and the result of an ineffective incentive given the circumstances. Before scrutinizing the effectiveness of an incentive, it is fundamental to understand the nature of incentives itself. According to the Freakonomics, incentives are essentially divided into three aspects; social, moral and economic. Social incentives tend to determine how individuals respond to societal pressure. It is the needs of an individual to obtain acceptance among peers, gain reputation or conform by norms of the society that causes the individual to react in a particular manner. Meanwhile, moral incentives are much more subjective and individualized. Moral incentives use the rational and emotional sides of individuals to encourage or discourage them from making certain choices. It reflects the principles of being humane. It appeals to the conscience of every individual. Economic incentive deals with the manipulation of monetary and materialistic factors. Individuals are more prone to making choices based on economic incentives as money is involved in the process. Thus, economic incentives tend to be a primary factor in determining governmental policies. With respect to the three different types of incentives, one can conclude that given a problem, the issue at hand can be solved by using the right type of incentive. Often this is not true because in a given situation there are usually a number of factors that have to be considered to bring about the desired effect. Usually, an action may involve all three incentives or just any two of them. Hence, human behaviours are actually the result of influence by the different types of incentives. As an example, the day-care centre in Haifa, Israel pitted economic incentive against moral incentive to study the outcome on late coming parents. Initially the number of parents who came late was little because of their moral obligations. The introduction of fees ate away their guilt as now late pick-up is a commodity that they can now buy (Bowles). This situation can also be observed in the library. Late returns of books are charged...

Find Another Essay On What Do Schoolteachers and Sumo Wrestlers Have in Common?

What have you learn in this assignment? Do you get any information and gain knowledge regarding the issue?

641 words - 3 pages I learn from this assignment is that I can learn how to answer questions correctly case study, and I was able to learn the case assignment oriented computer systems failure in a company will have an adverse impact on their management. Also, what can I learn from this case study is in terms of skill reading and writing case study with good. Then, I learn how to answer the question correctly, I will also use information from this case study to be

Do the characters in Macbeth have free will? What role do destiny or fate have in the play?

2049 words - 8 pages Do the characters in Macbeth have free will? What role do destiny or fate have in the play?Everyone has control over something. All people have freewill and can do what they want. Freewill is the ability or power of making free choices. Destiny means that something has already been decided and nothing is in one's absolute control, which played a very important role in the play. When Shakespeare wrote this play, people were very religious and he

In Scene Three Blanche meets Mitch and witnesses turbulent passion. What are the similarities between Blanche and Mitch and do they have any future prospects together?

1204 words - 5 pages From the moment that Mitch and Blanche are introduced, it is clear to the audience that they have a 'certain interest' in one another. Immediately previous to their meeting, Mitch talks of his 'sick mother'. This reveals a sensitive side to his character, which contrasts with the vulgarity and coarseness of his peers. Blanche has clearly been unimpressed by the manners of Stanley and his other friends, which hints that she will like Mitch rather

What options do managers have in such conditions when they are negotiating with employees?

2094 words - 8 pages Essay topic: Many countries are currently experiencing an economic downturn. Poor economic conditions are said to give more power to managers when they negotiate with their employees. What options do managers have in such conditions when they are negotiating with employees? Which of these options do you feel align most closely to the strategic view of how employers manage labour?The global financial crisis has resulted in deteriorating market

What do the texts you have studied have to say about the positive and/or negative effects of institutions?

1131 words - 5 pages individual. It shows us how the fight for power within this institution can prove to be fatal, but the positive is that Brett achieved what he was aiming for.After analysis of the above, it can be concluded that the institution has many influences on an individual, both positive and negative in nature. It's the lessons that are taken out of these experiences that determine the true effect that it can have. Institutions such as the farm consist of a

What does the notion of legitimacy and social contract have to do with corporate disclosure policies?

2666 words - 11 pages What does the notion of legitimacy and social contract have to do with corporate disclosure policies?IntroductionIn recent years, corporations have increasingly used their annual reports to voluntarily report information relating to their social actions, particularly those concerning the natural environment (Gray et al.1995). More specifically, corporations have been changing their disclosure policy towards the "triple bottom line reporting

What Do You Guys Have on Tap? about beer in general. teacher wanted to know what my preferences are.

1012 words - 4 pages What Do You Guys Have on Tap? When someone mentions the word "beer" most of us picture a few of our favorite kinds. The truth is there are more different kinds of beer than most people would ever imagine. Considering all the different beers there are in our world today, the odds are, there are many you would fall in love with if ever given the chance to try them. The trick is discovering their existence. In order to grasp the

Abortion essays. Explains who faults it is? and What it is? and Why do we have abortion?

2152 words - 9 pages abortions in the wives of his enemies, it is Hosea 9:14. "Give them, O Lord: what wilt thou give? Give them a miscarrying womb (an abortion) and dry breasts". In this case God causes abortions, the prophet prays that these women will abort. If these are truly innocent children, how could God do this? But they are not, they are "miscarrying wombs" and God will prevent them from becoming human souls that will grow up to oppress his people. But, he

What do we learn in "Othello" about Suspicion and Envy?

1169 words - 5 pages . One simple emotion can take the lives of four people,"'I have already chosen my officer.'And what was he?Forsooth, a great arithmetician,One Michael Cassio, a Florentine,A fellow almost damned in a fair wife,That never set a squadron in the field,"Iago cannot believe that a man of such unworthiness has taken his position. His envy and jealousy are apt and appropriate, what we learn about a person is how they treat the envy they are feeling. Iago

Choose Three Careers in Geology, and explain what they do.

509 words - 2 pages observatories. The oldest is in Hawaii, along the rim of Kilauea. Volcanologists there forecast, supervise, and study the eruptions of the Kilauea and Mauna Loa volcanoes. Another volcano observatory is in Vancouver, Washington, where Mt. St. Helens and the other Cascades are monitored. The third observatory is stationed in Alaska, where geologists monitor the 100 active volcanoes in Alaska. Most volcanologists teach in university geology departments and do field work in the summer when they don't have to teach classes.

Leader to a Leader, What do you have?

1529 words - 6 pages "Leaders are made, they are not born”, Vince Lombardi. Simple quote, but is that true to be an effective leader. Everyone believes that they have the qualities to be an effective leader and run an organization and its people. Many leaders believe that they hold the right stuff as a leader and for the reason to their level and title. But do people really know? If people really knew then why do organizations let go of their leader, i.e. what Apple

Similar Essays

What Women And Islam Have In Common

822 words - 3 pages What Women and Islam Have in Common What do women and Islam have in common? Besides the stereotyped images that each suffers from individually, the status of women in Islam is one of the most extremely misunderstood and incorrectly portrayed things in western society. We can investigate why this is so later. First, a brief introduction to the actual status of women in Islam is in order. Before discussing issues pertinent to the social

Essay Of Comparison Lysistrata And Dorine From Aristophane And Moliere. What These Women Have In Common.

514 words - 2 pages position, she is the superior in any contest of wits.These two comedies use very smart women who overcome boundaries, which are set by man, to achieve the their goals.Lysistrata insisted that women have the intelligence and judgment to make political decisions. She came by her knowledge, she says, in the traditional way, "I am a woman, but I don't lack sense; I'm of myself not badly off for brains, and often listening to my father's words and old

What Do Print Journalist And Electronic Journalists Share In Common? What Distinctive Differences Are Their Between Print And Electronic Journalist.

960 words - 4 pages newspapers should be unbiased and ethical and without prejudice. Are they? Are they not guilty of manipulating peoples sympathies and views? I thinks so. How can you not have some bias when you have to cut and decide which angle to direct a story, based on commerical appeal.In comparison television is not in a position to do this.But what are we seeing and hearing, are we really getting the Who, wht, when, where, how, why of a story? Or are we only

I Have To Do What? Essay

855 words - 4 pages they are the only people who know their emotions, and the parents often have many feeling wrapped into the divorce that it is hard for them to make a decision for their children based on what is truly best for them. Many teenagers have the freedom to drive a car and work a paid job, but many do not have the freedom to decide where they live. Also, as a teenager in high school, they have many feelings, and if those feelings aren't expressed