Tamvada, Jagannadha Pawan and Chowdhury, Rashedur (2023) The Irrationality of Rationality in Market Economics: A Paradox of Incentives Perspective. Business & Society, 62 (3). pp. 482-487. DOI https://doi.org/10.1177/00076503221101888
Tamvada, Jagannadha Pawan and Chowdhury, Rashedur (2023) The Irrationality of Rationality in Market Economics: A Paradox of Incentives Perspective. Business & Society, 62 (3). pp. 482-487. DOI https://doi.org/10.1177/00076503221101888
Tamvada, Jagannadha Pawan and Chowdhury, Rashedur (2023) The Irrationality of Rationality in Market Economics: A Paradox of Incentives Perspective. Business & Society, 62 (3). pp. 482-487. DOI https://doi.org/10.1177/00076503221101888
Abstract
<jats:p> Current incentive structures are more favorably aligned with the world’s problems than with their solutions. We conceptualize this as the paradox of incentives to argue the need for new thinking and restructuring of incentives to break the paradox during the COVID-19 pandemic and beyond, and create new opportunities for societal transformation. </jats:p>
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | COVID-19 pandemic; incentives; inequality; justice; paradox; peace; rationality |
| Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Essex Business School Faculty of Social Sciences > Essex Business School > Strategy, Operations and Entrepreneurship |
| SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
| Depositing User: | Unnamed user with email elements@essex.ac.uk |
| Date Deposited: | 27 Aug 2025 09:08 |
| Last Modified: | 27 Aug 2025 10:02 |
| URI: | http://repository.essex.ac.uk/id/eprint/41501 |
Available files
Filename: The Irrationality of Rationality in Market Economics.pdf
Licence: Creative Commons: Attribution 4.0