Thursday, November 20, 2008

Because it's Funny

Dan Ariely has an op ed in the New York Times which discusses experiments he conducted which show that high monetary compensation causes below average results.

What’s the Value of a Big Bonus?

You might think the author had a vested interest in the outcome, but it's still pretty damned funny. (Especially the bit on the banking executives declining to commit funds for further study of the phenomenon.)

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