I don’t have citations for you, but it seems relevant that income far in the future gets discounted quite a bit compared to current income, which would imply that short-term incentives are more important than long-term incentives.
(A better argument would need to be made with realistic numbers.)
I don’t have citations for you, but it seems relevant that income far in the future gets discounted quite a bit compared to current income, which would imply that short-term incentives are more important than long-term incentives.
(A better argument would need to be made with realistic numbers.)