3 ms·
> Wouldn’t need so much redundancy if you could truly get their full output. The incentive structure is that those workers capture much less than the value of
by willcipriano 5y ago
> Wouldn’t need so much redundancy if you could truly get their full output.
The incentive structure is that those workers capture much less than the value of their total output. If they worked harder so the firm required less employees, how do they benefit?