Explain how managerial overconfidence can be efficient when the firm provides contractual incentives to its manager.

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter1: Managing And Performing
Section1.2: The Roles Managers Play
Problem 1CC: Describe and explain how Mintzberg defines the managers job.
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Explain how managerial overconfidence can be efficient when the firm provides contractual incentives to its manager.

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