Quote by Jean Tirole
"When managers have different interests from owners, we must design incentive structures carefully."
More from Jean Tirole
"The market is not an invention of capitalism. It has existed for centuries. It is an invention of civilization."
"Economics is not about money. It is a study of choice under constraint."
"Incentives matter more than intentions."
"The purpose of economic theory is to understand human behavior, not to condemn it."