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What (who) is economic incentive - definition
SOMETHING THAT MOTIVATES AN INDIVIDUAL TO PERFORM AN ACTION
Performance Incentives; Performance incentive; Incentives; Reward anticipation; Weak incentive; Strong incentive; Economic incentive; Incentivize; Positive incentive; Incentivized; Incentivising
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incentivize
To give a reward, to motivate.
I want to incentivize you.
I want to incentivize you.
incentive
n.
1) to offer an incentive
2) a powerful, strong incentive
3) an incentive to (an incentive to investment)
4) an incentive to + inf. (they have no incentive to work harder)
incentive
¦ noun a thing that motivates or encourages someone to do something.
?a payment or concession to stimulate greater output or investment.
Derivatives
incentivize or incentivise verb
Origin
ME: from L. incentivum 'something that sets the tune or incites', from incantare 'to chant or charm'.
Wikipedia
Incentive
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In general, incentives are anything that persuade a person to alter their behaviour in the desired manner. It is emphasised that incentives matter by the basic law of economists and the laws of behaviour, which state that higher incentives amount to greater levels of effort and therefore higher levels of performance.
Examples of use of economic incentive
1. There is an economic incentive for Washington, as well.
2. Festa said catch shares give industry an economic incentive to protect fisheries.
3. Supporters contend the law will gradually reduce the economic incentive for many illegal border–crossers.
4. President, what economic incentive would you offer to Pakistan during the forthcoming visit?
5. In recent years, various countries have increased economic–incentive projects to motivate students.