Econ 101 + Parenting 101 [UPDATED]

Lori and I are largely figuring out how to raise two boys as we go along.  We've skimmed a couple books, consulted all our friends and family, and even attended a couple hours of a 1-day seminar on parenting before getting bored and ducking out for lunch.  Most days, we're making it up as we go along.

Tyler Cowen links to this useful article on How to Bribe Your Kids, and I'm suddenly inclined to brag about my one small victory as a fledgling father.  Consider this my public service for the day:
One thing we've tried to stress consistently since Day One is "first-time obedience."  This is a concept rooted in the Worst Case Scenario where your kid is running toward a busy street:  you need to know that if you shout "STOP!" he's going to listen and obey the first time.  He's not going to wait for you to count to three, or run him down.  It also pays dividends a dozen times a day when even a little disobedience could cause a lot of stress or harm.
Gus is too young for this, although he's getting good at recognizing and obeying the phrase "NO TOUCH!" so that's nice.  Huck does reasonably well with this most of the time, and honestly when he struggles it's probably a 50/50 chance that we're just not being as vigilant as we should.
One day, after sending Huck to timeout and watching him stall and drag out the trip up the stairs, I was this close to deploying the classic "one...TWO...THREEE!" routine when an idea appeared to me as if in a vision.  I said "Huck, I'm going to start counting, and the number that I count to before your door closes quietly will be the number of minutes added on to your timeout."  Even through his hysteria and whining, this got is attention.  He shut his mouth and hurried quietly to his room.  Lori and I reviewed this concept with him when his timeout was over, and he got it.  We haven't had to count often since then, and I don't think we've gotten much higher than three.  Of course, we could always start counting faster to buy ourselves a couple more minutes of precious peace and quiet.
Econ & Parenting 101:  Incentives Matter.

UPDATE:  As if on cue, in the time between my writing this (yesterday) and publishing (this morning) Huck pitched a full-blown, count to TWENTY, fit for Lori.  So...make of that what you will.