Search results
Results from the WOW.Com Content Network
Institutional economics focuses on understanding the role of the evolutionary process and the role of institutions in shaping economic behavior.Its original focus lay in Thorstein Veblen's instinct-oriented dichotomy between technology on the one side and the "ceremonial" sphere of society on the other.
Some, including political scientists Deiniol Jones [15] and Andrew Rigby, [16] consider throffer to be synonymous with carrot and stick, an idiom which refers to the way a donkey is offered a carrot to encourage compliance, while noncompliance is punished with a stick. [17] Other writers, while electing to use the word, consider it a poor one.
Banks may be able to support progress toward sustainability by society as a whole—for example, by adopting a 'carrot-and-stick' approach, where environmental and social front-runners would pay less interest than the market price for borrowing capital, while environmental laggards would pay a much higher interest rate.
Structuralist economics is an approach to economics that emphasizes the importance of taking into account structural features (typically) when undertaking economic analysis. The approach originated with the work of the Economic Commission for Latin America (ECLA or CEPAL) and is primarily associated with its director Raúl Prebisch and ...
A North Carolina congressman has proposed legislation that would provide incentives for developers of low-income housing. But is it enough?
The HMH also says that ‘carrot and stick’ carbon pricing is needed to correct the market failure in carbon. The two explicit carbon prices that are recommended, are as follows: (1) a 'stick' to maximise the efficiency of the marketplace according to the marginal social welfare theory of Pigou, [ 22 ] and (2) a 'carrot' to manage the ...
Humanitarian parole has been a key part of the Biden administration’s “carrot and stick” approach to migration, which seeks to make it harder for migrants to seek asylum at the border and ...
The organization promotes its views through a program of research, publication, education, and related activities. Choose Responsibility has proposed a comprehensive program that combines incentives and rewards for responsible behavior by young people, and punitive measures for irresponsible behavior (i.e. the carrot and stick approach).