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The Lazear School of Economics

The Lazear School of Economics, based on the ideas of economist Edward Lazear, emphasizes the importance of individual motivation and incentives in the workplace. It argues that workers' productivity and effort are influenced by how their compensation and tasks are structured. By designing better incentive systems, employers can improve performance and efficiency. This approach highlights the role of human behavior, personal motivation, and preferences in economic decision-making, suggesting that understanding what drives individuals can lead to more effective organizational and economic policies.