edtech Posted July 29, 2013 Posted July 29, 2013 Hey everybody, had an economics question. Taken from mises.org, "..economics is a social science dealing with people who make choices, respond to incentives, change their minds, and even act irrationally." When Austrian economists and others write that people "respond to incentives" in a positive sense, I always thought they referring to remunerative incentives but I couldn't quickly confirm this. Is that true?
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