4 ms·
No it they don't, because they make different predictions about incentives. Allowing the business to operate in bankruptcy cam, under certain conditions, give
by adrianratnapala 8y ago
No it they don't, because they make different predictions about incentives. Allowing the business to operate in bankruptcy cam, under certain conditions, give managers to incentives to drive the business into bankruptcy.
For better or for worse, that makes the incentives different from alternative systems.