Incentive Design

Incentive design refers to creating systems or structures that encourage specific behaviors or actions. This can involve offering rewards or benefits for achieving certain goals, whether in business, education, or public policy. The idea is to motivate individuals or groups to act in ways that align with desired outcomes, such as increased productivity, improved learning, or enhanced cooperation. Effective incentive design takes into account what motivates people and ensures that rewards are fair, appropriate, and aligned with the overall objectives, ultimately leading to better performance and engagement.