Concept information
Preferred term
economic incentives
Definition
- A fundamental tenet of economics is that human behavior is explained by the combination of preferences and incentives. Preferences reflect the wants, needs, and desires of humans, while incentives are what actually motivates behavior. [Source: Encyclopedia of Business Ethics and Society; Economic Incentives]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-WHQN2ZST-5
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