----- Original Message ----- From: John A. Viator <[EMAIL PROTECTED]>
> It's not clear (to me, anyway.) If new people were extremely > productive, it seems that managers may want to encourage that type of > person to be born, so they may give parents free shares for the > child. If new people aren't very productive, then giving away shares > for free doesn't make much sense. Interesting. What if some people are more productive than others, and if higher productivity is shown to run in families primarily due to a genetic component? Then some people would be given a share per child, while others would be charged a share per child? What if this led to riots or such? ~Alypius Skinner > > > >John A. Viator wrote: > >>This would clearly affect the decision to have children in one of > >>two ways (that I can think of): > >>1. Couples would have fewer children if they had to purchase a > >>share for each child they had. > >>2. Couples would have more children if they were granted a share > >>for each child they had. > > > >Yup. And which policy would profit maximizing managers choose? > > > >Robin Hanson [EMAIL PROTECTED] http://hanson.gmu.edu > >Asst. Prof. Economics, George Mason University > >MSN 1D3, Carow Hall, Fairfax VA 22030-4444 > >703-993-2326 FAX: 703-993-2323 > > > -- > John A. Viator, Ph.D. > Beckman Laser Institute > 1002 Health Sciences Road East > University of California > Irvine, CA 92612 > (949)824-3754 > (949)824-6969 fax > [EMAIL PROTECTED] >
