DERIVATIVE LAWS TO MOTIVATE ECONOMIC ACTIVITY


Scherbakov I.V.

On the basis of incentives for businesses and regulators of individuals’ behavior established by the theory of intrinsic motivation, the author suggests a methodological approach to determinate the economic essence of motivation. Using various historical examples, the author justifies derivative laws to motivate the economic activity, and with the help of economic and mathematical analyzing models in order to optimize the production transaction costs the author establishes the necessary conditions for the motivation evolution of economic activity. Keywords: motivation of economic activity, economic incentives, property, institutions, extrinsic motivation, intrinsic motivation, agency costs.

Igor V. Scherbakov, Candidate of Economics, Associate Professor, Samara State Academy of Social Sciences and Humanities.


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