Tag: self-interest

Newport National Park

2018

Leslie tries to convince Jessica Newport to donate the Newport land to the national Park Service by reminding her that the Newport name has not always been associated with positive things. For instance when their hot fudge pipe exploded and the hot fudge flowed into the lake making the fish taste delicious. Negative externality or positive externality, you be the judge.

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Tom Knows Incentives

2018

Tom needs help learning about basketball so that he can connect with the customers at his store. He believes Ben and Andy can help him since they’re good with numbers and athletic (respectively), but he tricks them into coming into his office by telling them that their favorite items are there. For Ben, he claims that Michael Stipe is in the office, but all he needs to do is offer Andy some free Skittles, respectively to incentivize him.

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Motivating Workers

2018

Ron and Chris disagree with the best way to motivate workers. While Chris takes a more intrinsic approach, Ron focuses on base level needs of fear and hunger, but also on money. Ron’s extrinsic approach comes from his belief in markets being able to serve as a motivator. Both agree that motivating workers can increase productivity, but disagree on the best method of doing so.

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