I have no intuition for this. Compensation is already so stupendously high that I just can't imagine marginal dollars one way or the other, uniformly applied t

I have no intuition for this. Compensation is already so stupendously high that I just can't imagine marginal dollars one way or the other, uniformly applied to all CEO positions, having any effect on a CEOs willingness to do their job at all. Maybe fewer, or different people would want to be CEOs if it came with this risk, but given that I have no clue what drives current compensation other than a zero-sum competition between companies for scarce abilities (what are you gonna do if the salary is not high enough, not be a CEO at all? Nothing comes close salarywise, so being a CEO at a lower salary should still be your best option), I wouldn't want to speculate about it. If it's just companies bidding over who gets the CEOs, then it's limited by how much they can pay and the size of the pool. And I just can't see the size of the pool changing if you increase the salary. There can't possibly be any dynamic range left at these levels. Its like: I'll pay you infinity dollars to do this. Yeah? Well that other guy will pay you infinity plus one! That's how it feels from down here on mean income. Maybe I lack perspective and a bigger yacht is more of an incentive than it seems.