Are you aware of the THREE flavours of an INCENTIVE?These are what they are..

Adopted from the following great insight shared by Steven Levitt from the book Freakonomics

There are three basic flavors of incentive: economic, social, and moral. Very often a single incentive scheme will include all three varieties. Think about the anti-smoking campaign of recent years. The addition of a $3-per-pack “sin tax” is a strong economic incentive against buying cigarettes. The banning of cigarettes in restaurants and bars is a powerful social incentive. And when the U.S. government asserts that terrorists raise money by selling black-market cigarettes, that acts as a rather jarring moral incentive.”

Published by dipsviewpoints

Tech geek , gourmet , preacher and seeker of motivation

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