Price is the most
efficient signaling mechanism we know of to keep supply and demand near the point of equilibrium and the most useful means of quickly and objectively assessing «worth.»
Not exact matches
Understanding the underlying
mechanisms allows identifying putative sites for pharmacological intervention and opens the prospect of engineering artificial molecular switches derived from the highly
efficient systems that have evolved for cellular
signal transduction.
There is an urgent need to scale up financial flows, particularly financial support to developing countries; to create positive incentives for actions; to finance the incremental costs of cleaner and low - carbon technologies; to make more
efficient use of funds directed toward climate change; to realize the full potential of appropriate market
mechanisms that can provide pricing
signals and economic incentives to the private sector; to promote public sector investment; to create enabling environments that promote private investment that is commercially viable; to develop innovative approaches; and to lower costs by creating appropriate incentives for and reducing and eliminating obstacles to technology transfer relevant to both mitigation and adaptation.
The other strength of the price
mechanism is that it allows market participants to respond to price
signals in the most
efficient way, rather than relying on governments and regulators to choose the outcomes.
KEY ACCOMPLISHMENTS • Reduced train delay rate by 10 % through vigilant monitoring of track condition and
efficient reporting of the same • Designed a 20 page pictorial safety manual which was highly commended by the management • Enhanced safety compliance of railroad
signaling mechanism bringing it in line with revised railroad safety guidelines issued by the federal railroad administration