http://www.midasoracle.org/2006/10/13/robin-hanson-brings-his-decision-markets-concept-a-bit-further/ Prediction Markets, etc. Thu, 02 Feb 2012 23:13:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.midasoracle.org/2006/10/13/robin-hanson-brings-his-decision-markets-concept-a-bit-further/#comment-15273 Chris. F. Masse Sat, 31 Mar 2007 08:01:04 +0000 http://www.midasoracle.org/2006/10/13/robin-hanson-brings-his-decision-markets-concept-a-bit-further/#comment-15273 Why are boards so slow to fire the chief? One reason is that they don't have enough skin in the game. They own few shares and therefore don't feel obligated to protect their investment from an out-of-touch boss. Besides, most of them owe their cushy jobs to the chief executive. -Robin Hanson, George Mason University http://hanson.gmu.edu/press/CorporateBoard-1-07.txt Why are boards so slow to fire the chief? One reason is that they don’t have enough skin in the game. They own few shares and therefore don’t feel obligated to protect their investment from an out-of-touch boss. Besides, most of them owe their cushy jobs to the chief executive.
-Robin Hanson,
George Mason University
http://hanson.gmu.edu/press/CorporateBoard-1-07.txt

]]> http://www.midasoracle.org/2006/10/13/robin-hanson-brings-his-decision-markets-concept-a-bit-further/#comment-34 Crosbie Fitch Fri, 13 Oct 2006 14:12:17 +0000 http://www.midasoracle.org/2006/10/13/robin-hanson-brings-his-decision-markets-concept-a-bit-further/#comment-34 Not a problem for my (completely untried and untested) 'contingency market'... Not a problem for my (completely untried and untested) ‘contingency market’…

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