> There is of course caution needed when structuring incentives
Absolutely! For instance paying cash for blood donations is an obviously bad idea. You don't want blood from the kinds of people who would donate for money. Moreover, some people would donating excessively, thereby harming their health or even losing their lives.
Absolutely! For instance paying cash for blood donations is an obviously bad idea. You don't want blood from the kinds of people who would donate for money. Moreover, some people would donating excessively, thereby harming their health or even losing their lives.