Incentive
in sentence
864 examples of Incentive in a sentence
The lesson is that whenever patents are extended to a new domain, we must be attentive to whether their positive
incentive
effects are outweighed by the main disadvantage of granting what is in essence a monopoly to the inventor: slower adoption by others.
Many service firms in Asia are owned by the public sector, so governments have less
incentive
to deregulate services.
The pessimistic argument is as follows: If machines costing $5 an hour can produce the same amount as workers costing $10 an hour, employers have an
incentive
to substitute machines for labor up to the point that the costs are equal – that is, when the wages of the workers have fallen to $5 an hour.
Because ketamine has been available for decades, there is no patent for it, so pharmaceutical companies have little financial
incentive
to carry out research on the drug and seek approval for its use as an antidepressant.
Though finding the money is always a challenge, there is no better
incentive
than ensuring that five million people do not continue to miss out on their chance to receive an education.
But it is also fraught: when your bridges are collapsing, your school buildings are in disrepair, teachers are underpaid and have no
incentive
to be efficient, and much else needs money, it is not easy to decide where scarce money should be spent.
Abandoning the distorted and imbalanced
incentive
structure, and ensuring that both creditors and debtors share and manage risks, would help break the cycle.
An autocratic or corrupt regime has a strong
incentive
to spend in a way that benefits the elite.
That
incentive
increases if it can command the resources of a more democratically governed state, where citizens agree to pay taxes (and pay off future debt) because they also control the government.
In short, because the availability of government support depends on achieving seemingly precise targets, the
incentive
to aim for apparent rather than real success becomes an almost overwhelming temptation.
Under a newly negotiated arrangement, labor-exporting countries would likely have an
incentive
to curb free riders and illegal emigration, and labor-importing countries would likely have an
incentive
to legalize and manage the status of illegal immigrants already within their borders.
The existing subsidy for young workers, which operates as a temporary tax
incentive
to employers, should be extended to all low-wage employees in registered employment.
The market for these financial products grew over 30 years to the point that they delivered huge opportunities for immediate gain, which provided a strong
incentive
for market participants to play with them more and more.
That way, large sums could be mobilized for development at low, stable interest rates, without diminishing migrant workers’
incentive
to save.
As a result, these countries have condemned themselves to continued austerity, low growth, and high debt, while diminishing any future
incentive
for private lenders to impose fiscal discipline on sovereign borrowers.
More problematic, lower oil prices encourage excessive consumption – the long-term environmental impact of which will be compounded by the weakening
incentive
to invest in alternative energy sources.
With inequality starting to rise in the 1990s – particularly in Germany – these households had all the more
incentive
to increase their savings.
Such countries evolve a hierarchical authoritarian society in which the only
incentive
is to compete for privileged access to commodity rents.
Such
incentive
pay schemes have driven the outsize increases in compensation for the top 1% of the wage and salary distribution.
Property rights are ultimately sanctioned by society, and, to the extent that they seem to be unfair, society has an
incentive
to change them.
Will the resentful workers who must follow a computer’s instructions – say, in assembling an order in Amazon’s fulfillment centers – vote to tax the programmers who put them there until the software creators lose the
incentive
to innovate, leaving society poorer?
When people know that a data set is being used to make important decisions that will affect them, they have an
incentive
to tip the scales in their favor.
Here, even the recent changes in the US have not gone far enough: they prevent accounting firms from also serving as advisors to a firm, but they still leave the decision about remunerating the accountants in the hands of the company, thus creating a perverse
incentive
to play fast and loose with financial reporting.
Equally problematic, the AU’s decision creates an additional
incentive
for heads of state and other senior officials who have committed atrocities to retain their grip on power.
For the left, his victory is an
incentive
to come up with realistic alternatives to the tried and failed liberal nostrums, and the discredited state socialism that was abandoned a decade ago.
And corporations that sign on to the FFP also commit to a zero-tolerance policy for forced labor, which creates a market
incentive
for their growers to police their own operations actively; in the past, market forces created an
incentive
to look the other way.
Given the clear benefits that Europe has derived from the single market, they would have every
incentive
to do so.
Whenever a cost arises from engagement with an international process, there will always be an
incentive
not to play by the rules, to enforce them weakly, or not to participate at all.
With the expansion of passive investing set to continue, it is plausible that international institutional investors will have even less
incentive
to monitor governance in the long term.
This will require changes in corporate governance generally, and in non-financial corporations’
incentive
structures, including preferential tax treatment for retained profits and equity finance, and special depreciation allowances for reinvested profits.
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