Both positions are reflected in the analysis of Blanchard et al. (2013) who argue on the positive side of the ledger that, in sectors where there are a large numbers of small firms, transaction costs might preempt bargaining ab initio and also that extension arrangements might rule out, or at least lessen, incentives to undercut reasonable wages and working conditions.
Reforms promised by President Xi and Premier Li will lessen incentives or opportunities to push investment into low return territory so that capital will be allocated more by market determined prices, outcomes and innovation.
As an employee who receives such benefits, I find it hard to believe that a company's extensive and generous subsidization of services does not contribute to medical inflation by lessening incentives to economize.
Mandating a fixed threshold will also have the perverse effect of lessening incentives to increase productivity in health care and get lower prices from insurers, physicians and hospitals.
Short of equipment at the health facility, insufficient staffing, and frequent drug stock-outs were felt to negatively affect the ability of students to learn essential skills, and lessened incentives for them to seek opportunities to work in rural areas in the future.
It would lessen the incentive for doctors to "lie," because M.C.O.'s would have an incentive to act with caution, knowing their decisions had consequences for their companies.
Britain and other western European governments hope that help for Jordan will lessen the incentive to make that journey.
The version approved by the House of Representatives would limit consumers' ability to sue insurers and thus lessen the incentive for managed care companies to behave responsibly.
To allay those fears, the new bill would encourage premium assistance to help families buy private policies and require all states to come up with policies to lessen the incentive to switch to S-chip.
One Tory MP told the Guardian there was particular disquiet about the possibility that the cuts could lessen the incentive for people to work, which is exactly the opposite of the government's stated aim on welfare.
