A blog about economics, finance and business and some offbeat topics, simple and with regard to modern problems with a fresh prespective.
Showing posts with label work. Show all posts
Showing posts with label work. Show all posts
Sunday, April 29, 2012
General: Best country to emigrate to
Most countries are in a deep financial crisis, that's almost a general rule these days, but there are still some countries that are a little better than others if you know what i mean, so I'll just try to find the best country to emigrate to.
Well, what makes a good country to emigrate is largely subjective, each person knows what's best for them self and by that it's difficult to objectively choose one country to be the best, but in order to reach it you must take the political system, the economic state, the prospects, the general opinion, the competitively and the quality of life.
The country that fills almost all these requisites perfectly is New Zeland, it's a developed country, with a low unemployment rate, a great political system, it's stable, it offers high income especially for people with a high education, it's pretty accepting of foreigners and it it a great place to start a life, the capital city and Auckland are incredible in the offering of jobs and it makes it much easier to move in, also you get to be in a place that is extremely developed and chosen one of the 10 best places to live in 2011.
Right now New Zeland is the best place to go if you are considering emigration.
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Thursday, March 22, 2012
General: Why incentives don't work
Behavioural economics has blossomed in recent years, and that's not surprising; a lot of people have taken an interest in them lately, including President Obama and Britain's prime minister.
When and Why Incentives (Don’t) Work to Modify Behavior was written by Uri Gneezy from the University of California–San Diego, Stephan Meier from Columbia Business School, and Pedro Rey-Biel at the Universitat Autònoma de Barcelona. It discusses when extrinsic incentives are more or less likely to alter behaviors in the desired directions, focussing on incentives in education and incentives for 'pro-social' behaviour. They argue that although "incentives to modify behavior can in some cases be cost effective", there is also a danger that direct extrinsic motivations might 'crowd out' intrinsic motivations. For example:
...an incentive for higher education might get more students at that level in the short term, but then be counterproductive as an incentive for students to study and never got the chance to actually enjoy.
The authors sum up:
When and Why Incentives (Don’t) Work to Modify Behavior was written by Uri Gneezy from the University of California–San Diego, Stephan Meier from Columbia Business School, and Pedro Rey-Biel at the Universitat Autònoma de Barcelona. It discusses when extrinsic incentives are more or less likely to alter behaviors in the desired directions, focussing on incentives in education and incentives for 'pro-social' behaviour. They argue that although "incentives to modify behavior can in some cases be cost effective", there is also a danger that direct extrinsic motivations might 'crowd out' intrinsic motivations. For example:
...an incentive for higher education might get more students at that level in the short term, but then be counterproductive as an incentive for students to study and never got the chance to actually enjoy.
The authors sum up:
"Our message is that when economists discuss incentives, they should broaden their focus. A considerable and growing body of evidence suggests that the effects of incentives depend on how they are designed, the form in which they are given (especially monetary or nonmonetary), how they interact with intrinsic motivations and social motivations, and what happens after they are withdrawn. Incentives do matter, but in various and sometimes unexpected ways."
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