Unlike so many laws and the lawmakers who draft them, the False Claims Act implicitly accounts for the fact that incentives matter.
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That incentives matter everywhere else but not here.
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Incentives matter: with higher risk charges on banks' trading books, bankers would become more discerning about how they put their money to work, and less prone to make dangerous bets in pursuit of huge bonuses.
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As economists like to say, incentives matter.
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Puerto Rico incentives will matter to those who meet their attractive conditions.
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Last week, I wrote about the danger of drawing the conclusion that tax incentives do not matter and that we should therefore look to eliminate the tax preference for retirement saving.
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As a matter of sane incentives, the gatekeepers of artistic fame might want to reconsider rewarding alleged art vandals with portfolio reviews.
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Assuming for the sake of argument that those type of incentives are a good idea, why should it matter that some people embrace them so enthusiastically that they wipe out their entire tax ?
But as the media continues to report studies claiming a risk from BPA, no matter how flimsy the methodology, and ignoring regulatory studies which contradict these claims, no matter how rigorous the methodology, the incentives for gamesmanship in science have never been greater.
Although it is inevitable that Jeter will only wear one major league uniform in his career, there still is the matter of compensation, length of years, incentives and assurances.
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But as a practical matter at this late stage, Ignon makes a compelling case for offering incentives to executives who are trying to sell off company assets as quickly and efficiently as possible.
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