PAP Superdominance


Chenghu

(2012) – 1 – In a strange way, I sometimes feel that the PAP, our former liberators, have turned into our oppressors- much like the pigs in Animal Farm, or pretty much every other regime that overstays its welcome. “You either die a hero or you live long enough to see yourself become the villain.” […]

June 28, 2012

Ministerial Pay 2012: What are the incentives?


Chenghu

There is powerful evidence that we have been completely wrong about the effectiveness of financial incentives and extrinsic motivation. Financial incentives often improve performance. But they can also lead to unethical behavior, fuel turnover and foster envy and discontent. Wharton management professors argue that it is time to cut back on money as a chief motivational […]

April 22, 2011