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That would give them incentives to consider some of the long-term consequences, and intrinsic value, of their decisions.
Only when regulators know that they will have to answer for their decisions will they have adequate incentives to consider the long-term consequences of those decisions.
Even red-state Senate Democrats — who have strong electoral incentives to consider the GOP's tax plan — note that they have been shut out of the process.
That is to say, public company shareholders have few incentives to consider, and are not generally viewed as responsible for, the effects of the actions they favor on the corporation, other parties, or society more broadly.
And as more and more insurers appropriately price climate risk using more fine-grained data, individuals will face clear incentives to consider those risks when deciding where to live.
Federal agencies would thereby start facing incentives to consider the opportunity costs of the spectrum that they occupy.
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Right now, the Defense Department has no financial incentive to consider the value of alternative land use.
Some banks, such as Royal Bank of Scotland, which traditionally paid all bonuses in cash, gave staff little incentive to consider the risks they were taking.
Yet the reform proposal is being stymied, because the diplomats have little incentive to consider recommendations that threaten to end their pleasant Parisian lifestyles.
But the White House said this protection "gives individuals less incentive to consider the costs of health care and thus raises Medicare costs".
Larry Chavis, a professor at the University of North Carolina, said that many races for state office this year will feature candidates running unopposed, so legislators may have little incentive to consider reversing their position on the law.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com