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Due to the adoption of more and more complex incentive contract structures for projects, designing the best contract for a specific situation has become an increasingly daunting task for project owners.
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Pay schemes became more complex, medium-term incentive schemes flowered alongside long-term schemes, and the annual cash bonus became akin to a salary supplement.
Adding more complex motives and incentives to the mix won't make it any easier.
We also observe that not updating CMI, mainly for the hospitals that had increased it in the last years: i) creates problems of solvability or sustainability; ii) decreases funding for hospitals that treat more complex patients; iii) generates incentives to select patients ("adverse selection"); and iv) hurts equity funding among hospitals.
Data on the use of enrollment in a lottery as an incentive was more complex.
For many years, my research has shown that the growth of credit default swaps has made restructuring more complex by making creditors' true incentives more opaque.
By the same logic, today's bust will lower it.The incentives were more complex than to bilk shareholders by betting the ranch every time.
We, however, reveal more complex economic effects and synergies between public incentives, which appear to give interesting leverage for enhancing the bio-economic effectiveness of agricultural policies.
But where the Dutch firms use incentive compensation, their performance/reward functions are more complex.
The place is economically more complex now — managing loan and insurance programs, subsidies and incentives — but it is biologically simple: corn, soybeans, no animals, no garden.
Privatisation has led to a growing interest in more complex contractual forms designed to give public transport operators the incentives for effort that maximise value for money.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com