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Understanding the invisible hands of incentives

يناير 01, 2019

/ Ghaleb El Refae / Abdelhafid Belarbi / Mahmoud Askari

This paper sheds light on the role of incentives in explaining why we do what we do. In this paper, we theorise that no action will take place in vacuum or without a certain incentive(s) and that for each and every action or behaviour, there is a known and/or a hidden incentive. We also theorise that the existence of incentives behind every action is not limited to rational incentives and the rationality of actors because irrational actions have their own irrational incentives. As well, we theo...


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