An Incentive is a motivating factor, such as monetary reward, the risk of legal sanctions, or social feedback. Many systems are best understood by looking at the incentives of the people with power over them.
Inadequate Equilibria covers many problems that arise when there are poor incentives.
Related Pages: Game Theory, Mechanism Design, Moloch, Moral Mazes
Should most of Inadequate Equilibria be tagged with this?
Possibly? I’m not sure if that’s helpful or not. I think if there’s a description for this wiki-tag, it should mention Inadequate Equilibria as a major resource.