Harvey S. James, Jr.
Contributor
Professor, Agricultural and Applied Economics, University of Missouri. His contributions to SAGE Publications's Encyclopedia of Business Ethics and Society (2008) formed the basis of his contributions to Britannica.
Primary Contributions (1)
Incentive compatibility, state in game theory and economics that occurs when the incentives that motivate the actions of individual participants are consistent with following the rules established by the group. The notion of incentive compatibility was first introduced by Russian-born American…
READ MORE