There are inadequate incentives for local authorities to work in partnership, the Adonis review has found.
Everyone agrees that the current system, in which barely profitable airlines contract with private companies, provides inadequate incentives for security.
Traditional utility regulation provides inadequate incentives for electric utilities to invest in technologies that reduce network energy losses.
Given record profits and low capital costs, it seems more plausible to blame poor productivity performance on insufficient public investment rather than inadequate incentives for private investment.
This market structure provides inadequate incentives to construct new plants -- or, worse, perverse incentives not to generate electricity, since if supplies stay short, prices will stay at high levels.
It acknowledges that the presence of a widely perceived Fed guarantee gives inadequate incentives for risk reduction efforts by banks but concludes that mandated receiver finality is not the answer to this problem.
The insurance company called on ministers to improve the inadequate incentives for people to "contract out" of the state second pension, formerly known as Serps, or face "mass migration" back into the state scheme.
And of course, monopolies matter.Unfortunately you failed to deal with areas where competition cannot work, and where there is a choice between government run operations, with inadequate incentives for efficiency, or regulated public utilities with difficulties.
Net revenue from all PJM markets (energy, capacity, and ancillary services) over the eight years of PJM market history provided inadequate incentives to invest in generating capacity in PJM.
But unless the state can calibrate everything properly in advance (a Solomonic task), its contractors may face perverse or inadequate incentives for the life of the agreement.The tube experience provides ample warning of some of the hazards facing the military as it tries to wrap up the aerial refuelling contract.
