Search results
Results From The WOW.Com Content Network
A well-known example in social choice is perverse response, [6] where a candidate can lose an election if the voters rank them higher. This occurs under single transferable vote and related systems (like primary elections and the two-round system ).
In social choice, the negative response, [1] [2] perversity, [3] or additional support paradox [4] is a pathological behavior of some voting rules where a candidate loses as a result of having too much support (or wins because of increased opposition).
Examples include: Employees at a factory shipping product to customers too early so their inventory is reduced to meet a projection; [8] Production plants refusing shipments of raw material at month-end so that monthly completion projections are met, even if doing so causes a negative impact on customer deliverables and overall production ...
Because of the complexity of ecosystems, deliberate changes to an ecosystem or other environmental interventions will often have (usually negative) unintended consequences. Sometimes, these effects cause permanent irreversible changes. Examples include: Chinese poster encouraging children to attack sparrows.
In certain markets, financial incentives for the production of renewable energy can more than offset the cost of selling power at a negative price. [22] In the United States, these incentives are found in the federal renewable electricity production tax credit (PTC) program and through the trading of renewable energy credits (RECs).
For example, if monetary incentives are offered for voluntary blood donation, it will have a negative effect on the number of people donating blood. [ 61 ] Incentives in education
The negative incentive effects implied are confirmed by some empirical studies, (e.g., Newhouse, 1973) for shared medical practices; costs rise and doctors work fewer hours as more revenue is shared. Leibowitz and Tollison (1980) find that larger law partnerships typically result in worse cost containment.
A tax incentive is an aspect of a government's taxation policy designed to incentivize or encourage a particular economic activity by reducing tax payments. Tax incentives can have both positive and negative impacts on an economy. Among the positive benefits, if implemented and designed properly, tax incentives can attract investment to a country.