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Exact(16)
"The incentive should be a crutch to help the industry grow until the crutch is no longer needed".
In other words, the incentive should be offered to universities – rather than continue with fee waivers and bursaries to the students which seems to have had little impact on participation rates.
The long-term incentive should be structured into three grants of equal numbers of premium-price shares.
An incentive should be paid for real energy savings, but not for heat which is vented into the atmosphere or where a heat requirement has been created artificially.
Third, the incentive should be long-lasting.
In such a fragmented market, the collective incentive should be to collaborate on a common standard, not to compete.
Similar(44)
The incentives should be the other way around.
For both the UCI and British Cycling, the incentives should be clear.
The extent to which investment incentives should be offered is a major policy issue.
Incentives should be strengthened to encourage maximum engagement from universities in the third mission alongside research and education".
All these arrangements violate a basic economic principle that incentives should be aligned to encourage rather than discourage honesty.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com