Multiple Choice
Pirate captains during the 1600s compensated crewmembers with a form of health insurance. If a member lost a hand or leg or other appendage during a fight, he would get a free prosthetic (e.g., a wooden leg, which were quite expensive even then) . What kind of incentive structure does this most closely resemble? (Hint: Those who lost a limb generally did so because they were doing a larger share of the fighting.)
A) hourly rates
B) tournaments
C) piece rates
D) corporate culture
Correct Answer:

Verified
Correct Answer:
Verified
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