We can wind up with misleading metrics when the number we use as a goal becomes the incentive that distorts output decisions.
As a source of the world’s methane, cow emissions have been a focus for researchers trying to reduce their burps.
Located in the middle of Alaska’s subarctic tundra, Bethel, Alaska has garbage problems because there is no easy way to ship its waste.
Comparing development economics to plumbing, one of this year’s Nobel Memorial Prize winners says she observes what works in the real world.
While library late fees are supposed to be incentives that encourage us to return books, instead they have unintended consequences.
In NYC and in Nantucket, Massachusetts, drivers respond to different incentives because Manhattan has traffic lights while Nantucket does not.
While electric vehicle subsidies create the incentives to buy more environmentally friendly vehicles, they might be targeting the wrong people.