Tuesday, January 18, 2011

Role of incentives in Collective Action

Blogs are meant to share your views and we can safely presume that this blog is created to share knowledge and enhance our learning about Collective action and co-operation. So, if we look at the formal setup then the learning process would appear to be one of the collective actions, as the knowledge cannot remain with an individual and neither can it be amplified if it remains within persona.

Now, looking at the coercive action that we need to be cunning enough to distribute our time and resource over blog space in such a way that it maximises our incentives, be it marks, Gyan or social recognition.

If the incentives are not there then you wouldn’t find many takers. So, only posts with high returns would invite maximum number of replies and the self interest is bound to take back seat, at least theoretically if not practically. Hence, incentives in collective action are of paramount importance.
Keep posting. :)

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