Question about tournament theory

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Question: Executive pay is attracting a lot of attention in Australia and worldwide. Tournament Theory indicate that the greater the difference in you and your boss's pay, the harder you (and everyone else!) will work. Discuss executive pay in the light of Tournament Theory.

Reference no: EM1378585

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Question about tournament theory : Executive pay is attracting a lot of attention in Australia and worldwide. Tournament Theory indicate that the greater the difference in you and your boss's pay the harder you will work.
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