The underexamined assumptions of the invisible hand: Monetary incentives as policy instruments

To alleviate overcrowding in pretrial detention facilities, the City of New York established a program offering substantial budgetary increments to those district attorneys' offices in the city that reduced the number of long-term detainee cases. The experience with this program suggests that the inherent assuptions underlying a monetary incentive strategy--the existence of capacity, the avoidability of goal displacement, and the efficacy of financial rewards--need to be carefully examined if implementation is to be successful.