Incentive compatible definition
Incentive compatible means that all participants willingly and accurately comply with the demands of the organization for infonnation and actions. If an organization is incentive compatible, the incentives participants face are compatible with the infonnation transfer and decision making needed to pursue the organizational goals.
Incentive compatible means that all participants willingly and accurately comply with the demands of the organization for information and ilCtions. If an organization is incentive compatible, the incentives participants face are compatible with the information transfer and decisionmaking needed to pursue the organizational goals.
Incentive compatible means the incentives for survey respondents are set up in a way that they benefit most from responding in a desired way (in this case, telling the truth).