100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Summary of Chapter 12, Incentives - Policy Paradox, Stone $3.21   Add to cart

Summary

Summary of Chapter 12, Incentives - Policy Paradox, Stone

 108 views  0 purchase
  • Course
  • Institution
  • Book

Extensive summary of chapter 12, Incentives. 'Policy Paradox' Deborah Stone. Reading for 'Public Policy and Governance'.

Preview 1 out of 1  pages

  • No
  • Chapter 12
  • December 15, 2022
  • 1
  • 2022/2023
  • Summary
avatar-seller
Chapter 12 - Incentives
Incentives and deterrence → getting others to choose actions we desire.

In most areas, policy relies on a combination of rewards and penalties

The Theory of Incentives
The purpose of incentives is to bring individual motives into line with community
goals
Incentives as three parts: the incentive giver, the incentive achiever, and the
incentive itself.
Incentives work by getting people to change their minds. → people should be
adaptable. → the receiver has to have some orientation to the future.

Designing Incentives: Social Dynamics

Designing effective incentives requires understanding the complex causes of
behavior you seek to change. → You have to take into account the expectations
of the people.
Positive incentives carry a spirit of goodwill. Negative incentives create a climate
of conflict.

Implementing Incentives in the Polis

In the polis, incentives are usually designed by one set of people (legislators),
applied by another (bureaucrats) and received by a third (individuals).

Incentives can be paradoxical → a single, seemingly clear incentive can reward
and penalize at the same time and thus have ambigious effects on the behavior
it meant to change.

Incentives and Democracy
Incentives are noncoercive policy instruments, they leave people a choice rather
than imposing a rule.




Chapter 12 - Incentives 1

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller vsn123. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $3.21. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67474 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$3.21
  • (0)
  Add to cart