Aug 11, 2010
[commission gapingvoid]
We’ve seen the movie, played far too often. A young CEO is so keen to grow their company, so keen to get their hands on …
In 1936, John Russell Scott, the sole owner and chairman of one of the world’s most respected newspapers, The Guardian, handed over all his shares …
A perverse incentive is when you reward one behavior… and accidentally create another. Basically the Law of Unintended Consequences in action. One classic example comes …
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