Word: compensationitis
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Countless experiments over the ensuing decades have confirmed that most of us make this so-called anchoring mistake - that is, making a decision based largely on an unrelated piece of information, like a random number that appears on a wheel. Anchoring occurs all the time, like when you're asked...
Cocaine Usage Study: Researchers seek healthy men ages 21-35 who have used cocaine occasionally for a two-visit research study. Subjects will be administered cocaine and either flutamide or premarin and undergo an MRI and blood sampling. $425 compensation upon completion. Taxi is provided. (617) 855-2883, (617) 855...
A criminal trial underway in Sweden is testing a very American notion: that artifacts that carry a copyright should not simply be lifted or stolen - that their use requires permission and compensation. That definition of intellectual property may appear almost quaint in these days when it is easy to find...
Now, though, the scads of lushly paid Wall Streeters have driven the financial sector into a ditch, and taxpayers around the world are spending trillions of dollars to fix the problem. This chain of events has, understandably, focused big-time scrutiny on financial-sector compensation. President Barack Obama plans to...
But what if Wall Street's pay practices helped cause the mess we're in, and what if they don't correct themselves? The bonuses granted by Merrill and other money-losing firms seem to indicate an unwillingness to adapt to changed circumstances. Yet government attempts to dictate compensation at...