Unconscious Economics — LessWrong
There are at least three ways in which incentives affect behaviour: Consciously motivating agents, unconsciously reinforcing certain behaviors, and s…
x Unconscious Economics — LessWrong Best of LessWrong 2019 Economics Epistemic Hygiene World Modeling Curated 147 Unconscious Economics by Bird Concept 27th Feb 2019 5 min read 30 147 Here’s an insight I had about how incentives work in practice, that I’ve not seen explained in an econ textbook/course. There are at least three ways in which incentives affect behaviour: 1) via consciously motivating agents, 2) via unconsciously reinforcing certain behaviour, and 3) via selection effects. I think perhaps 2) and probably 3) are more important, but much less talked about. Examples of 1) are the fo
Explore this link on the map →saved by
related reading
- A Crash Course in the Neuroscience of Human Motivation — LessWronglesswrong.com
- The behavioral selection model for predicting AI motivations — LessWronglesswrong.com
- Psychology of Human Misjudgment (Transcript) by Charlie Mungerfs.blog
- Meditations On Molochslatestarcodexabridged.com
- Models Don't "Get Reward" — LessWronglesswrong.com
- Startling differences between humans and jukeboxesexperimental-history.com
- At least you’re likable - Julia Willemynsjuliawillemyns.substack.com
- Reward is not the optimization target — LessWronglesswrong.com
- Incentive - Dentmakersdentmakers.substack.com
- Bengt Holmström - Prize Lecture_ Pay for Performance and Beyond.pdfeconomics.mit.edu
- Pico - Breakdown of Willpicoeconomics.org
- We don’t have a hundred biases, we have the wrong modelworksinprogress.co