
Economics and Math of Token Engineering and DeFi

But at its core, economics is three simple things: ● Incentives ● Punishments (Disincentives) ● Behaviors[9]
Lisa JY Tan • Economics and Math of Token Engineering and DeFi : Fundamentals of Token Economics
that economics boils down to what incentives drive the desired behavior of the economy. Economic policies seek to intensify incentives and punishments to change the rational (or irrational) behavior of participants in the ecosystem.