Abstract
Most individuals have preferences of their own and do not enjoy carrying out the preferences of others, even if those others are nominally their superiors. The same is true in ordinary commercial transactions. The courteous waiter in a high-quality restaurant probably does not especially care whether the customer gets his order in good condition. He only provides it because that is the way he makes a living, although what is known as pride of workmanship does exist in places.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 1992 Springer Science+Business Media New York
About this chapter
Cite this chapter
Tullock, G. (1992). Incentives. In: Economic Hierarchies, Organization and the Structure of Production. Studies in Public Choice, vol 7. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-2948-0_12
Download citation
DOI: https://doi.org/10.1007/978-94-011-2948-0_12
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-5309-9
Online ISBN: 978-94-011-2948-0
eBook Packages: Springer Book Archive