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"We also take a long-term approach to risk, which is a different way of looking at something compared with someone who is incentivized to act in a short-term way," Mr. Benjamin said.
Sulkowicz had not heard about SHIFT before, and was politely resistant to the idea: "My view in this whole thing is that, the more that Columbia can retreat behind 'Here's a program, here's a study, here's a process,' the less that any human that finds themselves in this machine will ever be incentivized to act based on their moral compass".
If you are a government that the US sees as an adversary, the more you think the US might stage a bolt-from-the-blue strike, the more you are incentivized to act first to protect your interests, or to structure your security in ways that would survive and enable retaliation.
It is therefore important that the program is designed such that it stimulates desired behavior and that agents (i.e., the healthcare providers) are incentivized to act in the interests of the principal (i.e., the purchaser).
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"What short sellers do is identify the problem, because they're economically incentivized to do so.
"But then you step back for a moment and see what incentivizes them to act in this way.
The idea is to incentivize brokers to act in the best interests of buyers, something that many do not do right now in India.
One is to accept that people are heavily influenced by their environment and that the startup can actually incentivize people to act in better faith.
At this point, Goel realized that an overhaul was necessary, an overhaul that would give power back to patients to control their care and information and would incentivize stakeholders to act quickly, efficiently and effectively.
LendUp provides a range of credit products that incentivize borrowers to act responsibly and improve their credit, while Fundbox is providing small business with credit products and tools to help them manage their cash flow.
Lemonade has raised $60 million to date with the thesis that insurance companies can cut costs and automate more of their processes if they can somehow incentivize users to act less selfishly and commit less fraud.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com