3 Matching Annotations
  1. Oct 2020
    1. The goal of school is for students to learn. What we incentivize, however, is getting good grades.

      Example of moral hazard of gameplay.

  2. Sep 2020
    1. The moral hazard of gameplay is basically a mismatch between what your goals are and what you’re incentivizing.

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  3. Apr 2018
    1. Once the public accepts that a more expansive fiscal role for the government is necessary

      And once they decide completely to ignore the moral hazard any political process is subject to (which is to say, not bloody likely).