Inequality Based Incentives – A Baseball Analogy
Richard Epstein pointed out that incentive is fueled by inequality. What he didn’t say is that there are limits to that. We only need to head out to the ballpark to see them.
Read more...Richard Epstein pointed out that incentive is fueled by inequality. What he didn’t say is that there are limits to that. We only need to head out to the ballpark to see them.
Read more...You’ve seen it in just about every sporting event on TV: the Play of the Game. Usually it’s the “[insert sponsor name] Play of the Game”. Fundamentally, it’s a nice, potentially inoffensive diversion to offer up the fans. A defining moment of the event. Or is it?
Read more...OK…let me get this straight. You tie in gymnastics. If the A and B score totals are identical then you look at …
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