Please answer these following questions. Please attach the question with the answers.
(2 points) The film notes that “the closest thing to a worldview in Freakonomics” is that “human beings respond to incentives.” For this question, assume this worldview is true, and that human beings do respond to incentives. Please list an incentive for each of the following health care entities:
Federal Senator from the State of California: how to incent this human to make U.S. health care more affordable for working adults?
Obese teenager: how to incent this human to lose weight?
(2 points) In the world of Sumo wrestling, “yaocho” is match rigging. The film suggests that yaocho can be thought of as an economic tool for financially replenishing the entire Sumo system. Question: can the waste, inefficiency, and fraud within the U.S. health care system be thought of as benign economic tools for replenishing the system? Why or why not?
(2 points) The film posits that a person’s name can dictate how others perceive that person, and in turn affect their economic life. In this context of perception affecting economic life:
Do perceptions that what ails the U.S. health care system is “too much government” affect its reform? Explain.
Do perceptions that diet drives health (or that diet doesn’t drive health) affect the reform of health in U.S. America? Explain.
(2 points) What would incent you to:
Never miss a class or a day at work, for 20 years in-a-row?
Never argue with a parent or a sibling or a close relative? (You pick!)
(2 points) What message did The University of Chicago and The Chicago School District send by spending up to $50 per high school Freshman per marking period to incent children from moderate to low-income families to improve their academic performance? Was that amount of money significant? Or was it a cynical, half-hearted (“cheap”) effort? Please share your thoughts on the entire experiment of trying to bribe a big-city public school 9thgrader to succeed.
(2 points) Kevin Muncy tells us in the film that he wants to be “class clown” and maintain his social life above all else. We watch him goof off in class, not do his homework, tell many adults that he will try harder, and then fail all six of his classes.