Ep28 Incentives and Externalities
All Else Equal: Making Better Decisions
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The Interaction of Incentives and Externalities in Executive Compensation
I think externalities implies that there's something not priced in the market that somehow through the text, for example, you could potentially fix. Maybe they just can't help themselves. And all this, it's quite difficult as we saw in some of the examples. Let's just bring this back. How does it affect the business decision-making program? I mean, these are very good examples that we all see every day. But what we're hoping for is that they will trigger in your organizations thinking along the same lines.
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