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For contributions, you may commit to future research.
Firms' inability to commit to future funding choices has profound consequences for capital structure dynamics.
The agent's actions are hidden, and the principal, who makes the offers, cannot commit to future actions.
"I think we couldn't possibly commit to future funding until we have some confidence that the $42 million has been spent responsibly," she said.
When firms cannot commit to future prices, pass-through of cost shocks into prices is incomplete and the adjustment is gradual.
Along similar lines, government could allow individuals to commit to future payroll-savings deductions (with matching funds as incentive) by checking a box at some earlier point in time.
Similar(44)
In return, Italy committed to future payments that were not booked as liabilities.
Before committing to future literary events, the salesperson added, "we'll have to see how this one goes".
But Mackay said the government would be committed to future nuclear power even if the EDF deal fell through.
Committing to future cuts/tax increases is just another way of kicking the can down the road, as Washington has been doing for decades now.
Mr. Spivack said, "Dr. Biederman has done his best to comply with the disclosure policies of his employers, and he's committed to future compliance with those policies".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com