But both bonuses and penalties might also demotivate, in the first instance allowing excellent providers to 'rest on their laurels' and in the alternate case, inducing despondency in poor performers and exit from the incentive system.
Another issue is incentives.
The contract is designed so that, at any point in time, neither party has incentives to exit.
Dual practice may also change how public and private job options are compared, and provide incentives to exit the public sector through reduced migration costs.
That is, incentives to exit cohabitation for marriage will apply less to France, where long term cohabitation is common and where legal recognition is possible.
He said Lloyds would now be a stronger bank and RBS would have more incentive to exit government control.
Money-market funds can be subject to runs if investors fear they will break the buck; there is every incentive to exit the fund before losses are imposed.
In a sense, they try to make the unified people in whose name they had been speaking all along a reality on the ground: by silencing or discrediting those who refuse their representative claim (and, sometimes, by giving them every incentive to exit the country and thereby to separate themselves from the pure people; 500,000 Hungarians have left in recent years).
Yet, empirical evidence seems to suggest that even when incentives are aligned, the effective exit age falls short of the minimum eligibility retirement age (Heijdra and Romp 2009; Sauré and Zoabi 2012; Siegrist et al. 2007).
Even as the end of government incentive programmes lead buyers to exit the market, the number of homes for sale will have grown significantly.And so it's not surprising that prices have also been falling again.
Under non-market coverage, this made such consumers more likely to exit the market and gave firms an incentive to decrease their price.
