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Additionally, as the salary workers have to pay more taxes compared to self-employed workers, other things equal, an inefficient incentive to allocate more resources (than socially optimal) in the self-employment activities arises.
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We found support for Titmuss' hypothesis that incentives are economically inefficient: offering incentives did not increase the quantity of the blood donated and introduced additional costs.
This is the most inefficient, ridiculous incentive mechanism one can imagine".
As a result, rules for benchmarking emissions may be systematically biased to overallocate, and they also risk creating inefficient investment incentives.
Therefore, the tick-value-size ratio had a negative effect on these first stage returns, because if the use of market lots is inefficient then the incentive for investment in the Nifty Futures market will be lower.
The wage structure in the public sector, coupled with inefficient supervision, offers little incentive to improve skills and productivity (Aryeetey and Baah‐Boateng, 2007).
But while such a populist policy may have a marginal impact by lowering gas prices, it would do so by subsidising inefficient industries and reducing incentives for renewable energy.
PAGE 1 A DOWNSIDE OF SUBSIDIES Fuel subsidies offered by some countries don't just help raise costs for the rest of the world by artificially stimulating demand, Robert H. Frank writes, they are also an inefficient approach to economic incentives for the countries offering them.
I have spent countless dinners hearing my mission-driven father discuss his challenges with reimbursement incentives and inefficient or poor medical practice (much of which continues to be driven by unintuitive technology systems).
Now, in a setting of large productivity differentials across firms and regions, multi-employer bargaining by compressing nominal wage structures through conventional national agreements can lead to inefficient outcomes and distort incentives.
Another approach is to design the benchmark such that additional incentives for inefficient providers follow from it.
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