06 June, 2012

Perverse incentive - Wikipedia, the free encyclopedia

Perverse incentive - Wikipedia, the free encyclopedia: #
9th century palaeontologists traveling to China used to pay peasants for each fragment of dinosaur bone (dinosaur fossils) that they produced. They later discovered that the peasants dug up the bones and then smashed them into many pieces, greatly reducing their scientific value, to maximise their payments.[3]