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The split incentive problem concerns the lack of appropriate incentives to implement energy efficiency measures.
This finding is consistent with the analytical scenarios where RTAs lessen the incentives to implement productivity upgrading policies.
However, risk pooling may also generate a well-known moral hazard problem since regions may have less incentives to implement policies that decrease national risk.
Public policies in this regard entail developing incentives to implement more efficient processes of production, as well as to use less-polluting inputs and cleaner energy sources, but they also involve the increased use of carbon sinks, such as forests.
The majority voting process on the legal retirement age in the second stage may have such a crucial impact that governments placing more emphasis on efficiency than on equity could have incentives to implement a pension system with some level of redistribution.
In a European Union (EU) member state such as the Netherlands, currently only smart grid pilot projects are being undertaken (which benefit from legal exemptions) and relying solely on the market is believed to offer insufficient incentives to implement smart grids on a larger scale [9].
Similar(48)
Mr. Ford has a compelling economic incentive to implement his vision of corporate citizenship: If he fails to do so, his company will lose market share to imports.
As a result, and unlike the privately run power sector, policy makers have little incentive to implement an urgent overhaul that would inevitably lead to price increases.
As a result, staff with limited experience are training those with no experience and very little incentive to implement the new methods, since the DOE provides little or no in-class support.
Might reduce incentive to implement precautionary measures.
Engineers mostly agree that there is no incentive to implement changes; many agree that there is little help available for transitional services.
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