When Good Incentives Lead to Bad Decisions (via http://mortgagespectator.com)
Among the culprits contributing to the recent financial crisis were bank loan officers who approved mortgage loans that were doomed to fail. Many of these frontline workers were motivated by bonuses and other incentives to approve quantity over quality. Critics decried their voracity. But new research…
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Posted in: Business, Decision Making
Posted on August 27, 2012
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