Nothing turns on management theorists more than conflicting incentives. (If the idea of an aroused management theorist has ruined your breakfast, sorry.) They ruminate on financial motives—the adverse impact that individual bonus schemes might have on team collaboration, say. They churn out studies and books on the competing interests of shareholders and the executives who act on their behalf.
Listen to this story. Enjoy more audio and podcasts on iOS or Android.
Your browser does not support the <audio> element.
A new paper, published by Achyuta Adhvaryu of the University of California, San Diego, and Emir Murathanoglu and Anant Nyshadham of the University of
→ Continue reading at The Economist
