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You want to change incentives at both ends.
Mr. Christensen is right that to change behaviors we need to change incentives.
PAGE A26 Op-Ed DAVID BROOKS President Obama hopes to change incentives in education so districts do the effective things instead of the easy and mediocre things.
In short, Obama hopes to change incentives so districts do the effective and hard things instead of the easy and mediocre things.
The only way to change incentives industrywide — and get bank risk-taking under better control — is through a combination of tougher rules and more transparency.
"The report calls for specific measures to change incentives for permanent secretaries to be put in place, yet no similar approach has been suggested for ministers or their special advisers," he said.
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Similarly, the fact that mortgages were packaged and sold as securities to outside investors changed incentives dramatically.
Early on, he also changed incentives to put I.B.M. and its people more in step with the marketplace.
But to focus on pay packages misses how capital requirements have changed incentives for the entire system.
Alliances are assumed to design a strategic contract which changes incentives in the output market.
The 1883 Patents Act in Britain provides perspective for modern patent policy reforms because it radically changed incentives for inventors by reducing filing fees by 84percentt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com