Insufficient incentives

Insufficient Incentives for Investment in Electricity Generation

In theory, competitive electricity markets can provide incentives for efficient investment in generating capacity. We show that if consumers and investors are risk averse, investment is efficient only if investors in generating capacity can sign long-term contracts with consumers. Otherwise the uncovered price risk increases financing costs, reduces equilibrium investment levels, distorts techn...

Are adjustments insufficient?

Many judgmental biases are thought to be the product of insufficient adjustment from an initial anchor value. Nearly all existing evidence of insufficient adjustment, however, comes from an experimental paradigm that evidence indicates does not involve adjustment at all. In this article, the authors first provide further evidence that some kinds of anchors (those that are self-generated and kno...

Necessary but Insufficient

Incentives

THE subject of this short paper was chosen quite deliberately-not because one has any fresh contribution to make to it, nor because it can be summarised briefly, but because it gives me yet another opportunity of saying that the practice of Occupational Medicine is more than the provision of casualty services, the study of toxic hazards, and the diagnosis and prevention of industrial diseases. ...

Insufficient Glucuronide Formation

In the last few years the pathogenesis of icterus neonatorum and kernikterus has aroused renewed interest (Napp and Plotz, 1949; Obrinsky, Allen and Anderson, 1954; Billing, Cole and Lathe, 1954; Meyer, 1956). The discovery by Schmid (1956) and Billing, Cole and Lathe (1957) that bilirubin is excreted in the bile as a glucuronide now makes it possible to reinvestigate this problem more specific...