What role does economic incentives play in people’s behavior?Give an example from your life.Discuss your opinion with reason whether economic incentives would work the way it is supposed to be in the articles you read?

Reflection paper on Covid-19 and incentives

Based on the two NYTimes articles you read, you need to write a one page reflection paper focusing on following points

1) What role does economic incentives play in people’s behavior? Give an example from your life.

2) Discuss your opinion with reason whether economic incentives would work the way it is supposed to be in the articles you read?

3) Discuss briefly with example how your household behavior have changed as a result of Covid-19 related policies.

Articles: https://www.nytimes.com/2020/09/09/business/pay-people-vaccine-coronavirus.html?searchResultPosition=1

https://www.nytimes.com/2020/09/10/business/economy/unemployment-benefits-hiring.html