incentivisation
Incentivisation is the act of encouraging a particular behavior or action by offering a reward or benefit. This practice is widely used in various fields, including economics, psychology, management, and public policy, to influence decision-making and drive desired outcomes. Incentives can take many forms, such as financial rewards like bonuses or pay raises, non-financial rewards like recognition or praise, or even the avoidance of negative consequences.
The underlying principle of incentivisation is that individuals and organizations tend to act in ways that
Effective incentivisation requires careful consideration of the target audience, the nature of the desired behavior, and