definition

Incentives Are Financial, Moral, And Social

The word 'incentives' should be understood broadly to cover three categories—financial, moral, and social incentives—which together essentially cover the universe of things that lead attentive people to do what they do.

definitionpending

Speaker

Steven Levitt

Evidence Quote

there are social incentives. And, then there's also kind of moral incentives.

Source

Steven Levitt on Freakonomics and the State of EconomicsEconTalk
Created: 6/13/2026, 12:19:15 AM

My Notes

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