Keyword: compensation
Heads I Win, Tails You Lose - Painless Risk Taking (8/31/1999)
The heated stock market for high-tech startups has spawned many newly rich through riskless stock options.
Keywords: compensation, defection, FASB, lottery, repricing, risk, salaries, salary, start ups, startups, stock options, talent, tax deduction, turnover
Spillovers Are Not Always Externalities (6/22/2006)
External costs or benefits exist only if property rights have not been clearly defined and/or when the negotiation or enforcement cost exceeds damage.
Keywords: airport, compensation, externality, golf course, internalize, property rights, shopping malls, spillovers
What Makes Rights? (12/21/2001)
Temporary property rights created out of sympathy or a preference for insiders over outsiders might become politically entrenched.
Keywords: assistance, capitalization, Coke, compensation, delayed adjustment, disaster, factoring, lobby, Pepsi, presumed right, property right, steel, swing states, swing vote, sympathy, trade protection, vested interests