Incentivesppt - Maria Carrillo High Schoolincentivesppt -玛丽亚卡里略高中.pptVIP

Quick Write Please describe in a brief paragraph some of the things or motivations that get you to do something. Are these motivations always positive? Give some examples of the things that motivate you personally. Incentives Positive and Negative Motivators Incentives Incentives: A cost or benefit that motivates a decision or action by consumers, businesses, or other participants in the economy Incentives are things offered to help encourage you to make a decision or action. There are 2 types of incentives: 1st Incentive: 1.) Positive incentives: make people better off and are called rewards. Examples: Money, hugs, stickers, a good grade, are positive incentives. These are things you want to get. Can you think of any other positive incentives? 2nd Incentive 2.) Negative incentives: make people worse off and are called penalties. Examples: Detention, more homework, losing car privileges, and time out are negative incentives. These are things you do not want to happen. Can you think of any other examples of negative incentives? Carrot and Stick idiom Incentives: What are some of the positive incentives for doing well in school? What are some of the negative incentives for doing well in school? Examples of incentives Prices are powerful incentives. When prices are higher buyers have the incentive to buy less and sellers have the incentive to sell more. Incentives Game This game splits the class into 2 groups: Employers and Employees. Employees goal is to earn as much money as possible by performing tasks asked by the Employers. Employers goal is to get employees to perform as many tasks for them as possible. Incentives Game Continued If you get a red card, then you are an employer. Employers start with 1000 dollars and will go around asking employees to do tasks off the list. Employees should negotiate prices to perform these tasks. The first round of employees are those that received a black card. Employers you may only employ an employee 2 tim