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In 2004, together with Shlomo Benartzi, a behavioral economist at U.C.L.A., he proposed a way to raise savings rates by allowing workers to commit a portion of their future salary increases to savings accounts.
The Dodgers are living the dream of competing while they effectively transition their roster and there's no reason to risk even a portion of their future on a team that could lose Clayton Kershaw to season ending surgery.
One of the most innovative sprang from a handful of trailblazers, including an economist who later won a Nobel and some entrepreneurs barely out of school themselves, who tried to persuade undergraduates to sell a portion of their future income to investors in exchange for money for college.
Earlier in this decade, Mr. Goldin, 37, spent thousands of hours gathering evidence to show that AmeriMerchant, which advances cash to merchants in return for a portion of their future credit card receipts, did not violate a patent held by a Georgia company called AdvanceMe on its method of doing business.
A study of one firm by Mr Thaler and Mr Benartzi has shown that pre-commitment by workers to allocate a portion of their future pay rises to their pensions raised their average contribution rate from 3.5% of pay to 13.6% over a 40-month period.The success of such private-sector schemes is prompting interest among government reformers too.
But there are strings attached: Scottish graduates must commit a portion of their future income to a proposed Scottish Graduate Endowment that would help pay for the education of less well-off students.
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So the Chiefs decided to mortgage a small portion of their future — two draft picks, one of which might as well be a late first-rounder — for an established quarterback who, they hope, will better take advantage of the other talent they have in place.
Automation is, undoubtedly, one of the key differentiators, "Two-thirds of respondents say they plan to invest a significant portion of their future capital in robotics and automation technologies The case for those investments is strong: robots and automation technologies enable companies to reduce labor costs, enhance quality control, and improve throughput".
At Yale Law School, students are committing to giving a pledge to give away a portion of their current and future wealth.
In the past, crude producers would offer buyers a portion of their energy output in future years in order to protect themselves if prices pulled back.
Our goal is to make this a sustainable model, with the mothers eventually paying a portion of their profits to support future groups of women.
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