Understanding Incentives

by on June 1, 2010 at 7:35 am in Economics | Permalink

I had the following conversation with a friend who wishes to remain anonymous (it wasn't Tyler).

A: Heh, how's it going?

Anon: Oh, so, so.  I had a paper rejected today.

A:  Ah, sorry, I get depressed when that happens.

Anon: Well in my case it's not all bad.  My wife and I have an understanding that whenever I have a paper rejected we have sex.

A:  What!  That's a terrible system for getting papers published.  What kind of economist are you?!  Don't you understand incentives!

Anon: What kind of economist am I?  What kind of economist are you?!  You have failed to understand what I am maximizing!

I bowed down before the greater wisdom of my friend.

Andrew June 1, 2010 at 7:56 am

Submit!

T. Shaw June 1, 2010 at 8:37 am

Truth.

From an older C&W song, the most important things in life (not sure this is the correct order):

Younger women
Older whiskey
Faster horses (cars/motorcycles)
More money

Been married 32 years. This would be extra incentive to get papers published!

dearieme June 1, 2010 at 8:52 am

Stick to your day job.

Moby Hick June 1, 2010 at 9:17 am

My question is: what is the wife maximizing?

Perhaps she thinks her husband revises too much.

Mark June 1, 2010 at 10:02 am

If incentives have to be understood, they’re not incentives.

Chris D June 1, 2010 at 10:06 am

I chose a slightly different incentive structure, and married someone who’s willing to have sex with me just because we enjoy it.

drscroogemcduck June 1, 2010 at 10:44 am

brings a new perspective to dan pink’s candle problem

figleaf June 1, 2010 at 12:19 pm

So much for the evolutionary-psychology notion that women aren’t interested in sex with losers!

And, seriously, is there anything more pathetic on the planet than a man who believes the only reason women have sex is to make their partners feel better? Corollary: Is there anything more pathetic than a man who deliberately self-sabotages in hopes of “earning” sex?

I’m not sure who’s more utterly, excruciatingly lame: the friend for employing the strategy, let alone sharing it, or Tabarrok for admiring it! (Let alone sharing it.)

Great sweet mother of pearl!

@Chris D: Good answer.

figleaf

citi.zen June 1, 2010 at 12:40 pm

de gustibus non disputandum…

Ryan Vann June 1, 2010 at 3:07 pm

Figleaf,

Damn, you extended the Poison Ivy branch with that comment. I must admit though, I was also pretty repulsed by the OP and think some man point deductions are in order.

Deziani June 1, 2010 at 5:58 pm

@figleaf and Chris

Why do you assume that they ONLY have sex when he gets rejected? The post never said that!

k June 1, 2010 at 6:45 pm

Unless he is the Richatd pPosner o Cass Sunstein of rejected papers , he has a lousy sex life

Eric June 1, 2010 at 7:54 pm

Steko wins the thread, and I imagine that “friend”‘s wife’s consumer surplus is quite high in this case :)

KPres June 2, 2010 at 8:24 am

@figleaf, Ryan Vann, etc.

IT’S A FUCKING JOKE!

Jesus Holy H Christ what the fuck is wrong with you people? Get a fucking therapist!

Ed M. June 3, 2010 at 4:50 pm

Jeepers.

Send that man a link to Roissy in DC.

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