Good incentive system comprise both reward and intent. An Example: - TopicsExpress

Good incentive system comprise both reward and intent. An Example: In Ancient Rome, Engineers were made to stand underneath the construction at their bridges opening ceremony. Poor incentive systems, on the other hand, overlook and sometimes even pervert the underlying aim. For example, a censoring a book makes its contents more famous and rewarding a bank employees for each loan sold leads to miserable credit portfolio. Making CEOs pay public didnt dampen astronomical salaries; to the contrary, it pushed them upward. Nobody wants to be the loser CEO in his industry. - From The art of thinking clearly - by Rolf Dobelli , pg 58, on Never pay your lawyer by hour !

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