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Arrangements to provide certainty and flexibility can conflict.
Systems of water entitlements and rules need to achieve a balance between certainty and flexibility.
This article explores the effect of water entitlements and rules, and arrangements to provide certainty and flexibility for the integration of surface water and groundwater management over time.
Our reforms will strike an appropriate balance between making sure employees are engaged in decisions about their future and allowing employers greater certainty and flexibility to take necessary steps to restructure".
The findings of study demonstrate that efficiency of N-NDOs and NDOs is closely related to the balance between certainty and flexibility in planning and land development system, the degree of transparency and the level of accountability, and value capture capacity.
By having distributions of possible models for the state of the world, we can balance the competing desires for certainty and flexibility.
Similar(53)
Nathan Bostock, chief executive of Santander UK, said: "The newly approved business model retains the majority of our operations within one ring-fenced bank, providing greater certainty for our customers and flexibility for the future".
In addition, life settlement companies seek policies that offer certainty regarding death benefits, low premiums and flexibility to skip premiums, among other characteristics.
"The review found there was more certainty and less cost and more flexibility if we went with an outside provider," Scott said.
There are many examples of the industry itself moving towards these measures and they should be considered further, as hedging instruments, such as fixed-margin contracts could offer certainty, flexibility and responsive options to farmers.
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