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These network effects can be disaggregated to pecuniary and non-pecuniary effects.
The non-pecuniary effects of health are very important along two dimensions.
Our model has several implications concerning the pecuniary and non-pecuniary effects of health shocks over the life-cycle.
Pecuniary sanctions were very rarely imposed on offenders.
Pecuniary and aesthetic values in art are Siamese twins in our culture.
Pecuniary penalties total up to $1.1m for companies and $220,000 for individuals.
Whatever Mr. Penson's civic convictions, he also has a pecuniary interest in the outcome.
Combing through these data, however, creates the impression that the pecuniary trumps the humane.
So the incentive runs all the wrong way: to work less.Of course, many people have little control over their work hours... but as long as some people do, the effect will hold.We never claimed all incentives were pecuniary .
"FIRREA contemplates civil monetary penalties as high as $1.1 million per violation or, if permitted by the court, based on pecuniary gain derived or pecuniary loss suffered as a result of the violation.
He has recently studied the welfare implications of pecuniary externalities, the optimal determination of financial transaction taxes, the optimal design of bankruptcy exemptions, the effects of bank size on financial fragility, and different aspects of how financial markets aggregate information.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com