The goal of school is for students to learn. What we incentivize, however, is getting good grades.
Example of moral hazard of gameplay.
The goal of school is for students to learn. What we incentivize, however, is getting good grades.
Example of moral hazard of gameplay.
The moral hazard of gameplay is basically a mismatch between what your goals are and what you’re incentivizing.
Once the public accepts that a more expansive fiscal role for the government is necessary
And once they decide completely to ignore the moral hazard any political process is subject to (which is to say, not bloody likely).