Incentive FAQs:

Q: Is incentive something that motivates an individual to perform an action?

A: Yes.

Q: Is incentive provided in the form of a discount from the utility's standard tariff rates?

A: Yes, and terms or conditions.

Q: Are incentives the main form of incentives employed in the world of business?

A: Yes, and whereas moral and coercive incentives are more characteristic of the sorts of decisions studied by political science and sociology.

Q: Are incentives often unable to predict all of the ways that people will respond to them?

A: Yes.

Q: Is incentive one that accomplishes the stated goal?

A: Yes.

Q: Is incentive contrasted with coercion?

A: Yes, as when economic moralists contrast incentive-driven work – such as entrepreneurship, employment, or volunteering motivated by remunerative, moral, or personal incentives – with coerced work – such as slavery or serfdom, where work is motivated by the threat or use of violence, pain and/or deprivation.

Q: Are incentives set apart from these other forms of incentive because the distinction above was made for the purpose of understanding and contrasting the social incentive structures established by different forms of social interaction?

A: Yes.

Q: Is incentive any incentive below this level?

A: Yes.

Q: Are incentives essential to understanding why a specific person acts the way they do?

A: Yes, but social analysis has to take into account the situation faced by any individual in a given position within a given society – which means mainly examining the practices, rules, and norms established at a social, rather than a personal, level.

Q: Were incentives associated more with customer satisfaction and producing high quality products?

A: Yes.