Posts Tagged: "incentives"

The Sharing Economy

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The Sharing Economy is built on people sharing assets – they own or someone else own – to unlock value in their downtime, decreasing therefore the opportunity cost post purchase of having an idle asset without transferring ownership. These under-utilised assets are made accessible online to a community, leading to...

Incentives

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Here’s a couple of examples from my notes that I go back to¬†when I am thinking about incentives and value chains. DARPA Challenge 2009 – in this competition, teams from different US Universities had to locate 10 red balloons placed around the United States and report their coordinates. Finding 10...