What changes | A lesson in statistics and incentives

The video explores how incentives can lead to unexpected outcomes in various contexts, such as daycare late fees, donation drives, banking bonuses, and safety features in cars. It highlights the importance of understanding human behavior and the potential for unintended consequences when implementing policies or incentives. The video also discusses economic policies like luxury taxes and the complexities of predicting their effects.

What new insight or understanding did you gain from this video?

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