Because the people making these decisions want to be paid more? The effect is relatively well studied. Here’s an NBER paper. https://www.nber.org/system/files/

Because the people making these decisions want to be paid more? The effect is relatively well studied. Here’s an NBER paper. https://www.nber.org/system/files/working_papers/w24598/w24598.pdf https://www.nber.org/system/files/working_papers/w24598/w245...