March, 2018

Bounties, Grants, and Market-Making Entrepreneurship

  • Caleb Fuller

    Assistant Professor of Economics, Grove City College
  • David Lucas

    Postdoctoral Research Fellow, Institute for an Entrepreneurial Society, Syracuse University
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Find the article throught the Independent Review website.

Governments often create incentives they hope will encourage people to act in ways believed to improve social well-being. Poorly structured incentives, however, can foster perverse outcomes, as illustrated in cases regarding pest control, tuberculosis prevention, homelessness, and the recovery of soldier remains in Southeast Asia.