The incentive structure is a
A) system of rewards and punishments that individuals consider when making decisions.
B) system determined by the federal government that gives certain states more federal funds.
C) system of infrastructure in the United States that improves commerce.
D) system of checks and balances in the government.

Question

Quizplus · Accepted Answer

The incentive structure refers to the various rewards and penalties that individuals consider when making decisions. This could include financial incentives, social recognition, or fear of punishment. By carefully considering these incentives, individuals can maximize their own interests and make decisions that benefit themselves or their organization.

The Incentive Structure Is a