I think the essential point is that you’re actually not underpaying them—in terms of their own utility gain (if they believe in the mission). You’re only ‘underpaying’ them in terms of money.
It’s still not obviously the correct approach (externalities are an issue too), but [money != utility].
I think the essential point is that you’re actually not underpaying them—in terms of their own utility gain (if they believe in the mission). You’re only ‘underpaying’ them in terms of money.
It’s still not obviously the correct approach (externalities are an issue too), but [money != utility].