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According to Baumol, Blinder, and Solow, recognition of the usefulness of markets
Drive Reduction
A theory in psychology suggesting that behavior is motivated by the desire to reduce internal tension caused by unmet biological needs.
Incentives
Rewards or stimuli that motivate individuals to perform a certain action or exhibit a desired behavior.
Satisfaction
The fulfillment or gratification of a desire, need, or appetite, or the pleasure derived from this fulfillment.
Motivation
The process that initiates, guides, and maintains goal-oriented behaviors; it is what causes us to act.
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