MSL 780

Managerial Economics
Assignment 1

Think of incentive/institution design

1. For couples not to have more than 2 kids
● Added benefits in insurance for people with two kids or less
● Lower costs of education for people with two kids of less
2. For us to follow traffic rules
● A record maintained for people not violating traffic rules and lottery each month to
give them rewards using the challan money collected
3. For people in a bad relationship to file for divorce
● Assurance of a peaceful life afterwards
● Assurance of a pension type plan for non earning member or financially unstable
member of the relationship
4. For us to respect our maid/house servant
○ The maids and House servants should have a platform where they can report
any misbehavior with them and strict action is taken by the enforcement agency
5. For us to marry outside our caste
○ Assurance of no eviction from society or being looked down by the society
6. For women/LGBTQ to have equal rights
○ Setting up of platforms where women and members of LGBTQ community can
sight their concerns and they are enforced upon bu the committee
7. For a girl child to have equal rights
○ Subsidiary schemes for parents to provide their girl child with basic amenities
○ Setting up of schools and institutions which are exclusively for girl children
providing them with all basic education and livelihood with added options of
moving in with their families to the campus.
8. For you to take this course seriously
○ Increasing the credits of the subject
○ Better employment opportunities on scoring good in the said subject