But the rise of extreme CEO compensation in the US, documented by Piketty and others, may reflect CEOs’ ability to disrupt the team if they do not get part of the surplus. After all, CEOs experience precipitous income declines when they are kicked out, indicating that they were paid far more than their opportunity cost.
谁能获得这一“团队剩余”？传统假设是团队剩余都积累给股东。但皮凯蒂和其他人指出，美国超级CEO高薪的出现也许反映了CEO有能力在他得不到部分剩余的情况下破坏团队。毕竟，如果被炒鱿鱼，CEO的收入将大幅缩水，这表明其报酬远高于其机会成本。