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Embedded Growth Obligations: Difference between revisions
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'''Embedded growth obligations''' (EGOs) are structures built into institutions in times of growth that assume growth will continue. An institution must therefore grow to meet its EGOs, or its leaders must lie about the presence of growth. | '''Embedded growth obligations''' (EGOs) are structures built into institutions in times of growth that assume growth will continue. An institution must therefore grow to meet its EGOs, or its leaders must lie about the presence of growth. This compromising of institutional incentives causes institutions to tend towards exploitative or sociopathic behaviors, as the leaders face [https://en.wikipedia.org/wiki/Evolutionary_pressure selective pressures] to maintain the status quo. | ||
== Examples == | == Examples == | ||