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Alas, on today's campuses there are few Adam Smiths with a strong pecuniary incentive to heed their students' real wants.
Well, probably in time, but a little pecuniary incentive always hurries things along.
The policy underlying this tax provision suggests investors have a greater pecuniary incentive to make risky investments in early-stage businesses if the proceeds from those investments have favorable tax treatment.
Only a very small minority were motivated by a pecuniary incentive.
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But as Google has branched out into online services from maps and videos to comparison shopping, it has acquired pecuniary incentives to favor its own over rivals.
These subgroups tend to be least responsive to pecuniary incentives.
From a traditional economic perspective, this type of manipulation would be considered unlikely to affect perceptions and behaviour, especially in the presence of pecuniary incentives and repeated decisions among sophisticated agents.
Pecuniary incentives are natural, but in enforcing compliance they can sacrifice intrinsic altruistic motives and reduce economic efficiency [2], [5] [14].
This study also showed that people from rural backgrounds had less strong preferences than others for most job characteristics, and that women were less sensitive to pecuniary incentives and more concerned with facility upgrading than men were.
These pecuniary incentives are more valued in private institutions (39% of private vs. 28% of public institutions consider very important bonuses tied to productivity, while these figures are 31%and15%5% for periodic pay rises tied to productivity).
For example, the recent study on clinical officers in Tanzania [ 65] shows that women are less responsive than men to pecuniary incentives, and tend to be more concerned with other working conditions (infrastructure, sufficient equipment).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com