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In praise of weak incentives

LSE Space for Thought lecture series


The current financial crisis was largely caused by strong, misaligned incentives for bankers, resulting in calls for redesign of these pay schemes. Yet economic research over the last several years has suggested a number of contexts where muted incentives are desirable. This lecture will examine these.

John Roberts holds the John H. and Irene S. Scully Professorship in Economics, Strategic Management and International Business in the Graduate School of Business at Stanford University. He held the Jonathan B. Lovelace Professorship in the GSB from 1980 to 2001. He is also, by courtesy, Professor of Economics in Stanford’s School of Humanities and Sciences. He directs the Executive Program in Strategy and Organization as well as several company-specific, custom executive programs at the GSB and is faculty director of the Global Management Program and director of the Center for Global Business and the Economy there. He was Associate Dean for Academic Affairs and Director of Research for the Business School from 1987 to 1990 and he served as its Senior Associate Dean for External Relations from 2000 to 2009.

The Space for Thought Lecture series celebrates the completion of the New Academic Building and is supported by the LSE Annual Fund.You can see a list of all the lectures in this series at Space for Thought Inaugural Lecture Series.


Speaker(s):

Professor John Roberts | talks | www
Chair: Professor David Metcalf | talks

 

Date and Time:

26 March 2009 at 6:30 pm

Duration:

1 hour 30 minutes

 

Venue:

Sheikh Zayed Theatre, London School of Economics
New Academic Building
Lincoln's Inn Fields
London
WC2A 2AE


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Organised by:

London School of Economics & Political Science
See other talks organised by London School of Economics & Political Science...

 

Tickets:

Free

Available from:

This event is free and open to all with no ticket required. Entry is on a first come, first served basis. For more information, email events@lse.ac.uk

Additional Information:

For more information, visit www.lse.ac.uk/events.

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