The system of rewards and punishments decision-makers face is called the
A)incentive structure.
B)reward structure.
C)market structure.
D)reaction structure.

Question

Quizplus · Accepted Answer

The incentive structure refers to the pattern of rewards and punishments that decision-makers face. This structure shapes the choices they make, as they weigh the benefits and costs of each option. Therefore, option A is the best choice as it accurately describes the concept mentioned in the question. Option B is incorrect as it only refers to the positive aspect of the structure. Option C is not relevant to the context, and option D is vague and does not specify any particular structure.

The System of Rewards and Punishments Decision-Makers Face Is Called