Archive for the ‘Incentives’ Category

What Two Pasta Factories Tell Us About The Italian Economy   1 comment

calleandrea-3Link: http://www.npr.org/blogs/money/2012/09/07/160748725/episode-400-what-two-pasta-factories-tell-us-about-the-italian-economy

Summary: NPR visits Southern Italy and a Barrila pasta plant in order to outline the importance of leadership and positive peer pressure in the workforce.

Original air date: September 07, 2012

Length: 26:15

An FBI Negotiator Buys a Car   Leave a comment

CarsLink: http://www.npr.org/blogs/money/2012/12/21/167802325/episode-425-an-fbi-hostage-negotiator-buys-a-car

Summary: A discussion of strategic negotiating techniques in the context of the fiscal cliff debate.

Original air date: January 4, 2013

Length: 18:04

Posted January 28, 2013 by audioecon in Behavioral Economics, Incentives, Trade

Can you patent a steak?   3 comments

Link: http://www.npr.org/blogs/money/2012/08/31/160391850/episode-399-can-you-patent-a-steak

Summary:  A discussion of the intricacies of the U.S. patent system, featuring an innovator in the meat industry.

Original air date:  August 31, 2012

Length: 17:48

Posted September 12, 2012 by audioecon in Incentives, Regulation, Technology

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Allowance, Taxes and Potty Training   2 comments

Link: http://www.npr.org/blogs/money/2010/08/20/129328075/the-tuesday-podcast-allowance-economics

Joshua Gans and his three children.

Summary: Interview with Economist Joshua Gans, author of Parentonomics, on the use of incentives for children and the lessons for economic policy

Original air date: August 20, 2010

Length: 18:09

Main story content begins: 2:42

Discussion Prompt: Why do you think it was difficult at first to determine the right reward to give to provide an incentive for the kids to use the potty? How do you think this discussion of incentives helps us understand  the economic idea that “incentives and economic systems impact choice in predictable ways”?

Follow-up Prompt: The podcast also talked about the idea of ‘budget constraint’ through Bea’s allowance and about the concept of ‘leakage’ in an economic system. What do budget constraint and linkage mean and how are they demonstrated here? How do they help us understand the behavior of the children in this podcast? Can you think of any other examples of leakage associated with incentives, perhaps at the government level?

Posted August 6, 2012 by audioecon in Government, Incentives, Taxes