Incentivology

By Jason Murphy,

Book cover of Incentivology: The Forces That Explain Tremendous Success and Spectacular Failure

Book description

Rewards. Punishments. Prices. The Nobel Prize. Candy Crush. Incentives take more forms than you might expect and they can be hard to spot, but they shape our lives in ways that we rarely examine.

Some incentives are obvious, like for example, publicly committing to doing something you dislike in order…

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Why read it?

1 author picked Incentivology as one of their favorite books. Why do they recommend it?

The majority of (if not all) ethical failures in the business world are caused by suboptimal (and at times completely flawed) incentives. If one wants to be a serious business ethics practitioner, then a basic understanding of incentives is a must – they matter. In this book, Jason Murphy provides a whirlwind tour of how incentives operate to drive both positive and perverse outcomes across a range of settings. The book is packed full of stories to illustrate the power of incentives and I think Murphy is onto something with the title – Incentivology should be a compulsory course in…

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