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Aldridge Commission recommends big space prizes
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June 19th 04, 02:10 AM
Derek Lyons
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Aldridge Commission recommends big space prizes
(Henry Spencer) wrote:
If you pay people for making an effort toward a goal, the rational thing
for them to do is to maximize effort while making very slow progress.
(When you think about it, this explains many things.) Whereas if you pay
for results rather than effort...
You get huge dinosaurs with deep pockets who can afford to produce the
results. What you don't get is young innovative startups who can
barely make payroll producing significant results unless they too can
get acess to deep pockets.
D.
--
Touch-twice life. Eat. Drink. Laugh.
Derek Lyons