Caution! The site can't guarantee, that text has age permission. The site is not recommended, if you are less than 18 years old.
The site shows example sentences for English words. How the word or phrase could be used in a sentence?
" ... [W]hen the threat of sticks works to produce innovation, innovators are not compensated for their efforts. This undercompensation of innovative effort in the long run may lead innovators to exit from an industry. This may or may not be a problem. Where sticks are targeted at externalities, they can have salutary effects even if they reduce activity levels. If cars whose benefits do not exceed their costs to third parties are eliminated from the market, this too is a social gain. Sometimes, though, we will not want to induce exit as a penalty of failing to innovate, making the undercompensation issue more acute. ... "