Stumbling and Mumbling
Profits and tail risk
chris dillow
Publish date: Wed, 04 Dec 2013, 01:22 PM
There's a link between RBS's big IT failure this week and Aditya Chakrabortty's complaint about the "corporate myopia" that has led big UK firms to reduce basic research. Both highlight a trade-off between short-term and long-term profit maximization and show...
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CS Tan
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