Word: compensationã
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Harvard, which currently manages 30 percent of its funds internally and uses external investors to oversee the rest, says that its investment model allows it to achieve extraordinary growth at a fraction of the cost of hiring comparable outside managers. Nevertheless, Kaiser emphasized the need for lower compensation??even if it means that Harvard is forced to abandon the successful but arguably risky investment strategies that have served it well in the past...
...year—and got a B. Earlier this week, AMSA released its third annual PharmFree Scorecard, which evaluates conflict of interest policies against industry influence at U.S. medical schools. This year's report evaluated policies at 149 schools according to 11 categories, including gifts, free samples, and other compensation??all possible areas of conflict with pharmaceutical companies. Harvard Medical School also came under fire last year following allegations by U.S. Senator Charles E. Grassley, an Iowa Republican, that psychiatrist Joseph Biederman of Harvard-affiliated Mass. General Hospital received $1.6 million in consulting and speaking fees from...
...support his controversial conclusions. Increased availability of condoms has not led to a substantial increase in their use, as such devices carry the social stigma of a lack of trust. But, more dangerously, where the use of condoms has accelerated, there lurks the possibility of “risk compensation??—the phenomenon where the peace of mind afforded by a new technological safeguard, such as seatbelts, actually leads to riskier behavior, such as more reckless driving...
...decreasing the spread of HIV. “The Pope may be right,” Green said. “The marketing and distribution of condoms won’t solve the problem. Partner fidelity has a much better chance.” “Risk compensation?? or the idea that people are more likely to engage in riskier sex and have multiple partners if they use condoms at least some of the time, is cited as one reason for the failure of condoms to slow the AID epidemic in Africa. With brand names like...
...provide quality control would be to offer teaching credits or financial compensation to faculty members who advise theses. (Graduate students receive some compensation??about $3,000 per student.) But students say they see a role for departments to step in to standardize and enforce guidelines and expectations...