Yuan Xuefeng1, Wang Zongyu1, Yin Dehong1,2
1School of Economics, Beijing Wuzi University, Beijing, China
2School of Economics, Renmin University of China, Beijing, China
The key to China's victory in the fight against COVID-19 is the Accountability System for officials. The application of the Accountability System has effectively reduced the probability of ineffective performance of duties, neglect of supervision and oversight and dereliction of duty in epidemic prevention and control, played a role in escorting the resumption of work and production under the new normal of epidemic prevention and control. From the perspective of behavioral economics, with the same level of accountability and incentive, the parties are more sensitive to accountability, but the effect of accountability may be temporary. Once accountability stops, the punished behavior may reappear. Incentive can reduce the intrinsic motivation of people's behavior. Accountability and incentives must be used wisely.
COVID-19; Accountability; Incentives; Behavioral economics
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