“We economists worry about incentives (…) in this case I will refer to non-moral hazard incentives (…) market failures (…)
For the traders the incentive is basically this: heads you become richer than Croesus, tails you earn five times the national average salary and you need to look for another job which is usually pretty easy to get (…)
For the CEOs the corresponding incentive is: heads you become richer than Croesus, tails you get 100 times the national average wage and a gigantic severance package as they shove you out the door”
sábado, 4 de julio de 2009
Incentivos
De memoria..., Alan Blinder en esta conferencia:
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