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Bill Fulkerson

On "Skin In The Game": my two caveats | by Antonio Blanco-Gracia | Medium - 0 views

medium.com/...me-my-two-caveats-5599b0f71ba0

skin Taleb game

shared by Bill Fulkerson on 30 Sep 20 - No Cached
  • Bill Fulkerson on 30 Sep 20
     
    "What is Skin in the Game? The phrase is often mistaken for one-sided incentives: the promise of a bonus will make someone work harder for you. For the central attribute is symmetry: the balancing of incentives and disincentives, people should also penalized if something for which they are responsible goes wrong and hurts others: he or she who wants a share of the benefits needs to also share some of the risks."
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