Thinking Systems - Russell L. Ackoff
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YouTubesystemHUB
Thinking Systems - Russell L. Ackoff
Learn how systems work, their intricate structures, but more importantly, understand why they function the way they do. ⚙️Subscribe for more insightful content: https://www.youtube.com/systemHUB?sub_confirmation=1
3.6K viewsApr 16, 2024
Systems Thinking Examples
How Economists think about Incentives—and why poorly designed Systems can make Rational People produce Irrational Outcomes | Perverse Incentives, Goodhart’s Law, Public Choice Theory, Rational Ignorance, and Mechanism Design all reveal the same uncomfortable idea: sometimes the problem isn’t the people playing the game—it’s what the game rewards. #Economics #PerverseIncentives #GoodhartsLaw #PublicChoiceTheory #MechanismDesign #PoliticalScience #LearnOnTikTok
3:18
How Economists think about Incentives—and why poorly designed Systems can make Rational People produce Irrational Outcomes | Perverse Incentives, Goodhart’s Law, Public Choice Theory, Rational Ignorance, and Mechanism Design all reveal the same uncomfortable idea: sometimes the problem isn’t the people playing the game—it’s what the game rewards. #Economics #PerverseIncentives #GoodhartsLaw #PublicChoiceTheory #MechanismDesign #PoliticalScience #LearnOnTikTok
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