Exact(4)
Broad incentives are fine; second-guessing scientists and investors is not.
The role of managers is to focus on effective communication as broad incentives require symmetric epistemic interdependence, i.e., it is important for all involved parties included in the broad incentive structure to know whether their counterparts will actually act upon these broad incentives or not, making their own potential actions useful or futile.
Puranam et al. (2012) for example explain that in the case of broad incentives, individuals should be able to anticipate the action of the other to prevent suboptimal patterns of behavior, i.e., negative consequences.
By rewarding any means of reducing emissions, a cap-and-trade system provides broad incentives for any innovations that lower the cost of achieving emissions targets.
Similar(56)
"This could give borrowers who are current on their mortgages a message that the government endorses forgiving a portion of mortgage debt if hardship can be demonstrated, creating a very broad incentive for underwater borrowers to seek ways to become eligible," he wrote.
It also wants greater help for businesses with investment, including broader incentives for research and development spending and tax-deductible capital allowances.
Brown is supporting legislation that would replace the 27-year-old enterprise zone program with broader incentives.
Stace McGee, president of Environmental Dynamics, a sustainable architecture firm in Albuquerque, says other states including Nevada, Florida, Oregon, and New York have considered broader incentives that like New Mexico's go beyond energy, but they haven't yet taken the plunge.
Some public assets should stay in public hands and offering broad brush incentives to offload assets distorts calculations about the public benefit.
To provide insight on the feasibility and utility of implementing a broad based incentive program for health within the Military Health System (MHS).
The broader PIP incentive to rural practices for a block payment possibly enabled nurses to develop more of their roles; however the extension of this grant to practices with fixed interprofessional hierarchies may not be emancipatory if the practice is unprepared to grant nurses some autonomy over clinical decision-making.
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