Economics of IPCs
In some literature on the subject, it has been stated that well-designed IPCs can garner economic activity on the order of 10 to 20 times the amount of the prize face value.
Read more about this topic: Inducement Prize Contest
Famous quotes containing the words economics of and/or economics:
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—George Steiner (b. 1929)
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An axiom from economics popular in the 1960s, the words have no known source, though have been dated to the 1840s, when they were used in saloons where snacks were offered to customers. Ascribed to an Italian immigrant outside Grand Central Station, New York, in Alistair Cooke’s America (epilogue, 1973)