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The success of your organization comes from incentivizing value creation at scale in a sustainable way. Failure comes from the opposite -- incentivizing destructive or wasteful actions.
Incentive engineering may be the most important yet underlooked field of study
Some people will say, "oh, that's just economics". Or "that's just law", "that's just management", "that's just gamification", etc. I mean, it is all of these things, obviously. But that's myopic, like saying infrastructure is just roads & bridges.
An AI researcher would probably observe, "that field is just Collective Intelligence!". Which it also is. Cybernetics all the way down
"who does what, why" is being smart 101 tbh
Aka microeconomics
It's part of what's called cryptonomics and bitcoin is crap I know but there's other much better chains, like Tezos, cosmos, polka-dot and flow that use proof of stake
100% agreed. And I think this is a huge part of the appeal of the internet 3.0/web3, this topic definitely goes beyond just traditional companies. And h/t to @Joey_DeBruin leading thoughts here!
The thoughts is that you should get someone like Paul Milgrom or Hal Varian or Eric Maskin or other numerous scholars who've studied this topic for decades
Designing better economics is incentive engineering in the way that money happens to be the biggest motivator in most cases.
Wise words
It is studied though, mostly in economics: "An Introduction to the Economics of Information: Incentives and Contracts" by Macho-Stadler and Pérez-Castrillo is a great introduction. But not sure if you maybe weren't looking for something more practical.
Tbf, that's more incentive analysis than inventive engineering. But the latter kind of follows from the former.
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