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monetary incentive


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1 اقتصاد:: مشوق پولی

In general, competitive markets produce these monetary incentives in the most efficient way, and therefore are most conducive to innovations20. A quite different, but essential, question is the extent to which artistic creativity depends on monetary incentives. It is thus rather unlikely that personal creativity can be simply and systematically raised by monetary incentives. As monetary incentives are likely to have a minor impact on individual artistic creativity and innovation, granting a monopoly to the creator of the original piece of art, and therewith hindering its copying, has only weak, if any, beneficial allocative effects.

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