Sunday, June 6, 2010

What is the right amount to pay bankers?

"The bottom line is that much like in other areas of our lives, we are not perfect, we are not rational, and there are multiple hidden forces that shape our abilities and decisions. We can continue to assume that we are perfect, but this will only set ourselves up for more fantastic failures. If instead we were to realize where we fall short, where we fail, and try to do something about it, our future could indeed be brighter -– and not just in the domain of banking and salaries."
SOURCE: TED Blog: Dan Ariely asks, What is the right amount to pay bankers?