Charlie Munger: "One of my favorite cases about the power of incentives is the Federal Express case. The heart
and soul of the integrity of the system is that all the packages have to be shifted rapidly in one
central location each night. And the system has no integrity if the whole shift can't be done fast.
And Federal Express had one hell of a time getting the thing to work. And they tried moral
suasion, they tried everything in the world,
and finally somebody got the happy thought that they were paying the night shift by the hour, and
that maybe if they paid them by the shift, the system would work better. And lo and behold, that
solution worked."