Holmatrom theorem can have a budget *surplus*, With Nash Equilibrium and Pareto ...

		alisonkisk on June 5, 2021 \| parent \| context \| favorite \| on: The bullshit-jobs thesis may be bullshit Holmatrom theorem can have a budget surplus, With Nash Equilibrium and Pareto efficiency. Businesses are (ideally) run with a budget surplus, with profit extracted.