I guess that making the rats hungrier, more motivated (increased hrs of
food deprivation) might help in the absence of intrinsic motivation.
That might take a while, though.

(Just watched the PBS New Hour and its interview with the guy from the
lobbying group about this question.)    

------------------

>>> Michael Palij <[email protected]> 02/04/09 6:28 PM >>>
Given that President Obama wants to cap the salaries of executive
receiving federal monies (i.e., the TARP or "Bailout" funds) to a
mere $500K, a number of people have raised concerns about whether
that will cause people in the financial services to leave (possibly
to do nothing until their expectations of adequate compensation
are met).  This brought was home, at least to me, when analyst
Meredith Whitney was interviewed on the Bloomberg channel (yes,
that Bloomberg) this morning.  Quoting her:

|���No one goes into Wall Street to save the world,��� Whitney 
|said today in an interview on Bloomberg Television. 
|���Compensation is the motivating factor." ...
|Failure to pay employees well would drive away ���the best 
|and the brightest,��� Whitney said. ��� 
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7X.nROiVi1k 

Screw intrinsic motivation, that's for chumps and second-raters.
The "Best and the Brightest" want the "BIG BUCKS".  Or at least
that's one message that seems to be sent.  

What will we do when the rats will only press the bar if the food
pellets are really, really huge?

-Mike Palij
New York University
[email protected]


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