and in the optimal compensation contracts, the stock option compensation amount required by the overconfident manager is bound to be less than that required by the rational manager;

 
  • 在使股东收益最大化的最优股票补偿合同中,过度自信经理要求得到的股票期权补偿数量一定少于理性经理所要求得到的股票期权补偿数量;
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