Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A manager of a day - care center in Haifa, Israel has a clearly stated policy that parents are supposed to pick up their children

A manager of a day-care center in Haifa, Israel has a clearly stated policy that parents are supposed to pick up their children by 4pm (16:00). But often parents are late. Each week, there is an average of eight late pickups. To combat tardiness, the manager of the center instituted a fine of $3 per child per incident. Surprisingly, the number of late pickups more than doubled, to twenty per week. Why?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics of Money, Banking and Financial Markets

Authors: Frederic S. Mishkin

9th Edition

978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905

More Books

Students also viewed these Economics questions

Question

Review the findings of humanistic psychotherapy outcome research.

Answered: 1 week ago