Media Type: Lecture Clips Topic: Incentives, Opportunity Cost, Money & Banking
- Dig This?
Like it? Share it!
This short clip demonstrates how important incentives are in determining human behavior, especially economic behavior. A student in Dirk's class is asked to walk back and forth across the room as if he were going to class, and encounters money of various denominations on the ground. He has to decide whether the money on the ground is a sufficient incentive for him to lean down and pick it up off the ground.
- Your Thoughts
- Was this helpful to you? (7 votes)
- Related Content