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Carrots and Sticks - Bogus Bonuses for Free-Rider CEOs
one powerful incentive of free-market ideologues on Wall Street is to distort the role and context of incentives themselves to result in outcomes more consistent with monopoly capitalism than effective competition for example, the carrot-and-stick analogy is a popular portrayal of incentives which is commonly applied to justify particular ...
Posted to IM by barry payne - economist on January 31, 2009