Ron Feingold, vice president, and Shira Frishman, officer; Students Supporting Israel
One of the most basic concepts discussed in an introductory economics class is that people respond to incentives. Whether they are used to reward positive and wanted behaviors or to punish unwanted ones, incentives play a major role in the decision making of individuals. Governments oftentimes use incentives to promote a certain policy amongst their citizens. Last week, for example, the Israeli government released 26 Palestinian prisoners — all convicted murderers — as a goodwill gesture to encourage and expedite the American-brokered peace talks.