3 ms·
Then there's the whole principal-agent problem and whatever is the equivalent of that for "corporation" (or team) as an entity vs. "corporation" (or team) as pe
by TeMPOraL 2y ago
Then there's the whole principal-agent problem and whatever is the equivalent of that for "corporation" (or team) as an entity vs. "corporation" (or team) as people at its helm. Outsourcing could look good financially, but be disastrous long-term because of quality and reliability issues; some decision makers benefit from the short-term outcomes, but many care about long-term too - but then, corporation as an entity sees "shit but profitable" as a long-term gain, so its own incentives are structurally misaligned with that of humans that make it. Etc.