When Revenue and Purpose Pull in Different Directions: Incentive Design Lessons from Word Investments (2008)
The High Court in Word Investments showed that commercial activity does not override charitable purpose when incentives are structurally aligned. This article explains how incentive design shapes legal character.
When More Features Don’t Mean More Value: Aristocrat and the Real Cost of Complexity
Why the Aristocrat decision remains a reminder that greater complexity does not always mean greater value — and how cost-alignment safeguards respond.